AFPs allocated USD 126 million to international equity and USD 40 million to cross-border fixed-income, while redeeming USD 343 million from money-market products.
Chilean AFPs sold off cross-border-fund and ETF positions totalling USD 1.3 billion in June
Products specializing in the European market continued to receive the largest redemptions, totaling USD 537 million in the month.
CCR Monthly Approval Report – July 2022
A total of 34 products were added in the month from eight different asset managers: Eaton Vance, GAM, Greystar, Invesco, Jupiter, Manulife, PIMCO and UBS.
Brazilian mutual fund flows barely positive for first six months of 2022
Brazil’s mutual fund industry struggled to post positive flows in the first half of 2022, raising only BRL 8 billion, a far cry from the BRL 272.5 billion raised in 2021.
While easing positions short term, Brazilian pensions maintain focus on global markets
Early global positions of Brazilian pension manager Postalis were taken with Templeton and BTG Pactual, said investment director Pedro Pedrosa.
BBVA leverages ESG expertise in ETF redesign; plans megatrend-fund launch
BBVA AM is looking to launch a megatrend fund focused on environmental, demographic and technology themes, says CEO Jaime Lazaro.
Consar chief: Afores have plenty of space to invest internationally without modifying law
In a discussion covering Afores’ international investments, Ivan Pliego revealed AUMs captured by active cross-border funds vs. global ETFs.
Azimut targets acquisitions in Chilean wealth space
Among individuals in Chile, "there is a preference for having money offshore and also for the platform to be offshore," Azimut's Diego Varela said,
CCR suspends some Allianz funds in Chile on heels of SEC charges
Market actors said they did not see fraud charges in the US impacting the firm's success in Chile.
Chilean AFPs and alternatives funds incorporate ESG into investment policies
ESG investment among 18 Chilean fund managers amounted to USD 6 billion through 44 funds, said Acafi board member María José Montero.