Meanwhile, by vehicle type, ETFs received net subscriptions of USD 45 million while sales of cross-border mutual funds took in USD 355 million.
Chilean AFPs re-embraced equities while dumping some fixed-income positions in September
HMC partners with BlackRock to broaden Andean venture-capital distribution
"What is coming for the future are strategies more tailored to specific needs or sectors," says HMC's Ricard Morales.
CCR Monthly Approval Report – November 2021
Pictet, Fidelity, Robeco, Neuberger Berman, Francisco Partners, StepStone Group and NREP AB were the fund sponsors gaining approval for new products.
Ecus Capital led by Hubert Porte sells its AGF to concentrate on its institutional distribution business
Ecus Capital will now focus on distribution of mutual funds and alternative products to institutional investors in Chile, Peru, Colombia and now Mexico,
Vanguard’s Emerging Markets Bond Fund attracts AFP allocations prior to CCR’s green light
Vanguard's Mauro Favini said the product attracted attention by its ability to generate alpha in this asset class and its unique investment process.
Fixed-income funds creep back into vogue in Brazil as stocks falter
Though October, local bond funds account for half of industry’s USD 50 billion in positive inflows.
Vector builds its research capacity amid boom in equity investing
Pablo Torroella Soto, asset management CEO at Vector, looks to provide more and better tools to his team. They have opened a Quant Lab and are focusing more on ESG.
Colombian AFPs stocked up on US Equity and EMD in August
Colombian AFPs channeled USD 150 million in new investments into specialized US equity products - mostly passive - in the month of August.
JP Morgan adds to retail reach in Colombia with Skandia launch
Skandia's voluntary pension multi-fund is making JPM's Global Equity Portfolio available to members of its plan.
Chilean AFP positions in international funds and ETFs continued to fall in August
AFPs had to shed positions in international funds and ETFs for a total of USD 1.1 billion in the month, shrinking exposure in these instruments to USD 86 billion at the end of August 2021.