UBS, Altor and Cortland were the fund sponsors gaining approval for new products in September.
Colombian AFPs continued to reduce their international exposure in August
The largest redemptions were focused on European-equity funds for a total of USD 136 million and emerging-debt funds for USD 36 million.
Chilean AFPs continue to shed positions in international fixed-income funds
In August, the cuts in international fixed-income funds totaled USD 255 million, while USD 85 million was invested in equity funds.
Brazilian investors retreated from equity and balanced funds in September
Fixed-income funds were still sporting positive year-to-date flows of BRL 94.7 billion through September.
BanBif: retail wealth that left Peru could remain abroad
"At the individual level alone, savings of around USD 8 billion have left Peru,” Roberto Montero, manager of BanBif's wealth banking division, told Fund Pro Latin America.
Amid falling peso, Colombian AFPs scurried to US money-market funds in July
The AFPs cut USD 460 million from their positions in equity and USD 171 million from fixed income while increasing their investments in money-market by USD 412 million.
Inflows to Brazilian mutual funds reach BRL 3.7 billion in August
Investment-grade fixed-income funds saw the biggest inflows in the period, at BRL 15.3 billion.
CCR Monthly Approval Report – August 2022
A total of 15 products were added in the month from six different brands: Actis, Amundi, Brookfield, Global X, M&G, and Mirae.
Pension reform in Colombia could arrive in 2023 with focus on coverage
Just 1 in 4 older Colombians has the means to retire, and just 40% of active citizens make contributions, says consultant Andrés Felipe Izquierdo Aguiar.
Rising rates and war in Ukraine led to global fund redemptions in Q2 2022
Nordea's Roberto Martinho noted a jump in risk aversion with regard to European equities, in the wake of the Ukraine invasion.