Cross-border funds finished the month with USD 28.7 billion of Colombian pension assets under management.
Chilean AFPs retreat from cross-border funds in March
Allocations rose during the first quarter by USD 1.1 billion. That brought total assets under management for cross-border funds and ETFs to USD 89.7 billion, 67% of which was in equities.
Brazilian fund industry enjoys positive flows of BRL 42 billion in May
Among ANBIMA classes, fixed income had the lion’s share with net inflows of BRL 24.8 billion, while two short-duration sovereign funds led the moves.
JPM ascends US Offshore vet to bolster coverage
John Oestreicher, client advisor for the US Offshore business, is taking on additional responsibility to serve as national sales manager for US Offshore.
‘Positive environment of accumulation’ for Afores justifies Goldman’s local presence in Mexico
Pension reform should increase alternative investments in Mexico according to Ramon Fernandez, vice-president at GSAM.
Consar will soon be in charge of cross-border-fund approvals, replacing the Amafore
The Amafore’s vice-president, Alvaro Melendez, says he expects the change to occur toward the end of July or beginning of August 2021.
Mexican pension regulator urges legislators to broaden investment regime
Abraham Vela Dib, president of the Consar, argued that the regulator should have latitude to set offshore investment limits.
GBM lands investment from SoftBank to accelerate the democratization of investments in Mexico
GBM will keep investing in having the best product offering for our institutional and corporate clients, as well as building the best external advisor base in the country,” stated GBM's co-CEO Pedro de Garay Montero.
XP partners with Giant Steps, a leading Brazilian quant manager
XP sees a future for quantitative investing in Brazil, where systematic/quantitative strategies represent less than 2% of total AUM.
Afore Azteca to boost international positions with focus on thematic investing
"We are working to select funds that give us exposure to cutting-edge trends that are currently unfolding and that will shape the way the world works tomorrow,” said Azteca's Eduardo Parra.










