Luis Perezcano, StepStone’s senior advisor expects to issue another Afore dedicated CERPI and a fifth series of its private-banking product in the short term.
StepStone’s business responding to retail and institutional demand for alternatives
Fixed-income funds led inflows in Brazil in September
Monthly net inflows to fixed income have risen 30% on average in 2021, with the pace quickening after March–when the monetary tightening cycle began in Brazil.
ETF BDRs gain early traction in race for Brazilian pension allocations
Paula Salamonde, director at BlackRock in Brazil, told Fund Pro Latin America that local pension funds are latching on to the firm's offering of ETF BDRs to build out their internationalization strategies.
CCR Monthly Approval Report – September 2021
Baillie Gifford, Candriam, Echiquier, JP Morgan (ETF), New Capital and TDR were the fund sponsors gaining approval for new products in September.
Actinver CEO: “The investment sector is in the throes of a massive transformation”
Actinver is combining ease of entry, education and product diversification to prepare for a post-Covid world, says CEO Hector Madero.
Flows to Brazilian fixed-income funds surged in August as political tensions rose
Inflows for the year through August stood at BRL 350 billion (USD 66 billion), a nice haul considering the current market environment and lingering Covid impact.
Colombian legislator proposes allowing older workers to leave AFPs and join government retirement system
Colombian AFPs and the Ministry of Finance oppose the initiative but in the political world there is interest in a far-reaching rethink of the pension system.
Short law on pensions could halt fourth withdrawal
Discussion of this short bill in Congress will coincide with the political campaigns of the various presidential candidates.
Colombian AFPs reduced exposure to international equity in July
Despite the lackluster monthly result, managers Aberdeen and BNP received sizable allocations in their Asian offerings.
In July, Chilean AFPs scooped up USD 362 million in equity funds
Baillie Gifford raised USD 482 million in July, the bulk of which - USD 237 million - went into the Baillie Gifford European-B Acc equity fund.








