Colombian AFPs reduced their exposure to emerging-market-equity products while increasing their positions in specialized instruments with European exposure.
Chilean AFPs slashed overseas fixed-income positions in October
In October, high-yield and EMD funds were hit with USD 1 billion in redemptions from Chilean AFPs, which again faced withdrawals from clients.
Spike in fixed-income-fund yields leads to inflow bonanza in Brazil
The Brazilian fund industry brought in BRL 369 billion in new flows in 2021, more than double the amount reached in the previous year.
Consar hands UCITS fund-approval responsibilities back to pension association
After a change in leadership at the CONSAR, the Amafore will again be responsible for approving international funds suitable for Afore consumption.
Invex looks to add global experts to Mexican fund offering
Fund-unit CEO Rodolfo Campuzano says Invex welcomes agreements with third-party managers, noting recent deals with Templeton, EDM and Nafinsa.
XP and Banco Modal join forces to accelerate disruption in the Brazilian financial industry
The companies share a common goal of exceeding clients’ expectations and democratizing access to high quality and low-cost financial products and services.
Fixed income back in vogue in Brazil as yields soar
In November 2021, equity funds saw outflows for the third month in row, losing BRL 6.1 billion, or more than USD 1 billion.
Citi signs sale agreement with Insigneo
Upon completion of the announced sale, Citi would be absent from the Latam offshore market, while maintaining an important presence in Miami.
US equity ETFs attracted Colombian AFP investment in September
AFPs increased exposure to US equities, adding USD 338 million in the month. In contrast, they shed positions in Japanese and emerging-market-equity funds.
Singular AGF expands local ETF offering in Chile with Nasdaq 100 product
Singular's Pablo Jaque said the ETF gives any investor with 1,000 Chilean pesos access to global companies that are leading the technological revolution.