Equity instruments, mostly funds specializing in the US and emerging markets, attracted most allocations, with USD 577 million.
Chilean AFPs showed strong bias for passive vehicles in January
ETFs received the largest portion of subscriptions, totaling USD 870 million, while redemptions were USD 834 million from active funds and USD 615 million from money-market funds.
OECD recommends single compulsory pension scheme for Colombia
The Colombian pension association used the report to promote conversion of the pay-as-you-go state-run scheme to the AFPs and the creation of a state-run AFP.
Nervous investors forced Chilean mutual funds to allocate record amounts abroad
Political uncertainty had an impact on the investors’ focus; 2021 ended with an unprecedented 20% foreign exposure for local mutual fund portfolios.
Chilean AFPs: 2022 will not be a year of sweeping changes
With several balls in the air for this year, not least of which a Constitutional Convention, few expect big pronouncements from the incoming Boric government in 2022.
Scotiabank launches wealth advisory to engage with affluent Chileans
"It’s a 360° approach, which implies a total wealth advisory service, covering financial planning and the best onshore and offshore experience," said Scotia's Ignacio Ruiz-Tagle.
CCR Monthly Approval Report – February 2022
A total of 15 products were added in the month from four different asset managers: iShares, Allianz, M&G and Vanguard.
Afore Citibanamex finally fills alternative-investment position
The hiring of Juan Carlos Martin is expected to revitalize investments in alternative assets at Afore Citibanamex, which was recently put up for sale.
Valmex steps up efforts to grow in Mexico’s stagnant private-pension segment
Valmex’s Luis Lozano said the voluntary pension market is a solution for those with higher income, “who are not fully covered under the traditional and obligatory pension market.”
Alternative funds seen losing share in AFP portfolios due to affiliate withdrawals
In the medium term, AFPs will have to reorganize their portfolios after a series of 10% withdrawals, says ACAFI president Luis Alberto Letelier.









