Investor caution was rewarded by fixed-income funds’ strong performance, while poor returns led to outflows from equity and mixed funds in February.
Colombian closed-end funds given OK to issue bonds
Until now only private-equity funds have been allowed to issue bonds. Leveraging is also a new possibility for closed-end vehicles.
CCR Monthly Approval Report – March 2022
Nordea lead with four equity funds approved, followed by Bci, Candriam, JSS, Schroders, Vontobel and Arcano with one product each.
Colombian AFPs pumped brakes on cross-border allocations in February as market volatility rose
Although AFPs continued to increase their exposure in equities, they shed positions in debt and money market instruments. AUMs rose just USD 98 million for the month.
Emerging-equity products were the choice for Chilean AFPs in February
By product type, ETFs received a total of USD 982 million in net subscriptions, while active funds shed USD 251 million.
Peru’s economy ministry warns about further weakening AFP system
The Congress is still pining for an additional withdrawal that could be approved in the second quarter of 2022.
Itaú puts Goldman brand name on in-house feeder fund
The Goldman Sachs Global Millennials USD Selection Ações feeder fund will be available through Itaú’s fund of funds platform and is aimed at qualified local investors.
Colombian AFPs boosted equity global positions in December
Purchases in the last month of the year were concentrated in US and European equity, for a total of USD 263 million and USD 108 million, respectively.
Not dead yet: Chilean Congress still pushing for fifth pension withdrawal
Seven withdrawal bills will begin to be processed in the next few days, some for 10% and others for 100%. The executive is urging patience.
In election month, Chile’s AFPs increased their liquid positions
In December, Chilean AFPs dismantled USD 1.6 billion of their positions in cross-border funds and ETFs. The equities segment suffered most from the redemptions.







