Equity funds in both European and Asian markets were hit by the largest redemptions, of USD 423 million and USD 353 million, respectively.
Chilean AFP cross-border redemptions extend to September, with sales of USD 1.3 billion
November 22, 2022 by
Latam Financial Services lands in Chile with funds from Virtus
November 3, 2022 by
The offshore-fund market operating from Uruguay is still growing, but we believe it is reaching a mature stage, says LFS's sales manager María José Fossemale.
Excel Capital seeks closer ties with clients in Uruguay
November 3, 2022 by
"Our opening in Uruguay is simply related to the need to be face to face with advisors," says Excel's Cristián Reynal,
Alberto Menéndez leaves institutional distribution at Credicorp to join State Street
November 3, 2022 by
The executive will take over management of the State Street office in Chile. The US firm maintains its distribution agreement with Credicorp.
CCR Monthly Approval Report – October 2022
November 3, 2022 by
A total of 35 products were added in the month from seven different asset managers: Aegon, Allianz, BNP Paribas, The Colchester, Bridge, Driftwood and Vitruvian.
XP launches slew of global products in Brazilian retirement space
November 1, 2022 by
With international launches, XP has established footing in the market of retirement products purchased at the individual and company level, says partner Roberto Teixeira.
Flows in Brazil turn sharply negative in July on redemptions from a few large funds
October 24, 2022 by
A terrible July more than erased about USD 7 billion in industry inflows that had been accumulated through June 2022.
CCR Monthly Approval Report – September 2022
October 24, 2022 by
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
October 24, 2022 by
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
October 24, 2022 by
In August, the cuts in international fixed-income funds totaled USD 255 million, while USD 85 million was invested in equity funds.
