High-income retail sector led redemptions with BRL 18.6 billion.
Mutual funds see outflows for seventh month in a row with BRL 58.4 billion lost in June
CCR Monthly Approval Report – June 2023
Mutual funds from Goldman, Man, Wellington and Moneda were approved in the month of June 2023.
Acafi gets four new managers with a focus on alternative assets
The Chilean Association of Mutual Fund Managers now groups 42 fund managers with assets under management of more than USD 33 billion.
Mutual funds outflows reach BRL 47.2 billion in May
Fixed income had the worst figures, bleeding BRL 29.6 billion.
CCR Monthly Approval Report – May 2023
BlackRock led with four ETFs of its iShares family, while EDM, JPMorgan, Patria and TJC completed the list each with one product approved.
Credicorp enters the pension debate in Peru
The firm proposes the entry of new players and fees based on fund performance.
Government proposal may increase taxation of cross-border investments
Even a checking account may be taxed. The measure still needs to be approved by Congress and may undergo changes.
Negative flows continue to hit cross-border Brazilian funds in first quarter
Despite USD 1.7 billion exited domestic mutual funds that invest in cross-border instruments, distributors see growing interest in international diversification.











