Over the 12 months ending in April 2023, investors pulled BRL 71 billion out of the mutual fund industry.
Bolivia dissolves its USD 2.4 billion private pension system
May 16, 2023 by
Transfer of assets to a state-run agency means private managers owned by Zurich and BBVA have closed shop.
Election of constitutional delegates in Chile seems to secure current AFP pension model
May 16, 2023 by
The strong presence of right-wing and center-right forces looks set to wreck the left-wing initiatives for a drastic overhaul of the individually funded system.
Bci names Rodrigo Barros as head of fixed income
May 15, 2023 by
Barros will manage local and international fixed income for the Chilean asset manager.
Colombian AFPs shed international investments in February
May 10, 2023 by
Sales of international assets totaled USD 1 billion in the month, mostly affecting money-market funds.
Global ETFs raked in USD 400 million from Chilean AFPs in February
May 10, 2023 by
Active funds fared much worse in the month, with the exception of money-market funds. High-yield products were hit hardest.
CCR Monthly Approval Report – April 2023
May 4, 2023 by
American Century led with three ETFs registered in the month, while Robeco, with one mutual fund, completed the list.
Peru discussing a seventh withdrawal of AFP savings
April 28, 2023 by
Meanwhile, several plans of consolidating pension schemes and even eliminating the AFPs are also being tossed about.
Insigneo reaches USD 20 billion AUM in Latin America
April 20, 2023 by
"Our aim is to be the best financial-services, wealth-management and private banking platform in Latin America," Insigneo's Rodolfo Castilla said.
Brazilian mutual funds bled BRL 82 billion in the first quarter of 2023
April 19, 2023 by
Among ANBIMA asset classes, only FIDCs (credit receivables investment funds) and FIPs (private-equity funds) had inflows in the three months.
