The Brazilian mutual fund industry saw outflows of BRL 19.6 billion (USD 3.8 billion) in November, with Fixed Income and Balanced-Mixed classes leading net selling.
Global bond funds attracted AFP allocations in October
Even though AFPs continue shedding positions in cross-border funds and ETFs, global bond funds took in USD 136 million in new money in October.
Colombian AFPs aggressively shed positions in international equities in October
The pension managers redeemed specialized products in US and European markets for a total of USD 159 million and USD 93 million, respectively.
CCR changes criteria and reinstates Allianz funds
In October 2022, Allianz was authorized to distribute 26 strategies to Chilean pension funds.
CCR Monthly Approval Report – November 2022
A total of five products were added in the month from the following asset managers: Eastspring, Jupiter, Neuberger Berman, UBS and Stonepeak Partners.
Brazilian equity and fixed-income funds faced redemptions in October
Brazilian mutual funds suffered net outflows of BRL 4.4 billion in October, with the largest withdrawals generated in the fixed-income and equity classes.
Chilean AFPs continued to shed positions in international funds and ETFs in July
Among equity products, redemptions totaled USD 672 million in the month, while fixed-income products lost USD 357 million.
Colombian AFPs boosted investment in US equities in September
Overall, Colombian AFPs were holding USD 23.2 billion invested in international funds and ETFs at the end of September, down 10% from the previous month.
Chilean AFP cross-border redemptions extend to September, with sales of USD 1.3 billion
Equity funds in both European and Asian markets were hit by the largest redemptions, of USD 423 million and USD 353 million, respectively.
Latam Financial Services lands in Chile with funds from Virtus
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.






