Through an alliance with Banco Bci, the manager will intensify its distribution to private-banking clients, says Juan Pablo Soffia Moller, JPAM's Chilean MD.
Workaround? AFPs may be able to form subsidiaries to manage new flows
Despite the pessimistic pronouncements of undersecretary of social security, Christian Larraín, AFPs may not be left out of the new pension model after all.
Berenberg makes play for Afore money in “attractive” Mexican market
Berenberg's Matthias Born expects to land an allocation from the Afore industry before September. Its first approved fund invests in small-cap European equity.
Pension reform: AFPs may be excluded from receiving future worker contributions
Undersecretary of Social Security, Christian Larraín, said the pension reform would likely limit the role of these managers, but hopes remain.
In May, sector ETFs attracted investments from Colombian AFPs
Pension funds turned to equity products specializing in the health, consumer and tech sectors, which received subscriptions for USD 115 million.
In May, AFPs cut back their international allocations
The largest redemptions were in the high-yield bond segment, totaling USD 309 million, followed by funds specializing in European equities with USD 161 million.
CCR Monthly Approval Report – June 2022
A total of nine products were added in the month from five different asset managers: Fidelity, DWS, Fullerton, Liontrust, PineBridge and Exeter Property Group.
Colombian AFPs increased positions in international equities in June
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.







