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.
Election of constitutional delegates in Chile seems to secure current AFP pension model
Colombian AFPs shed international investments in February
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
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
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
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
"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
Among ANBIMA asset classes, only FIDCs (credit receivables investment funds) and FIPs (private-equity funds) had inflows in the three months.
CCR Monthly Approval Report – March 2023
A total of 17 products were added in the month from four different asset managers: WisdomTree, T. Rowe Price, Invesco, Capital Four, Equitix and Madison Realty Capital.
Aitor Jauregui named head of BlackRock’s Latam operations
The executive will also head the offshore Latin American high-net-worth-client business, which is concentrated in Miami.







