BlackRock led with 11 ETFs of its iShares family, plus two mutual funds registered in the month, Allianz (5), AllianceBernstein (2), Wellington (2), Credit Suisse (1), Franklin Templeton (1), Invesco (1), Robeco (1) and Infravia Capital Partners (1) completed the list.
BTG Pactual scoops up Universa for USD 132 million
Universa Group is a diverse firm controlling Empiricus Research, Vitreo Holding, Money Times and Seu Dinheiro.
Pension withdrawals: Andean AFPs still hold lion’s share of most managers’ Latin AUMs
Matías Eguiguren, a partner at Picton, recognized the damage done to pension fund positions since the outbreak of COVID-19.
Peruvian AFPs will face additional redemptions after May 19 ruling
Regardless of the outcome of the presidential election, additional withdrawals and weakening of the AFP system appear likely.
JP Morgan AM expands its ETF business in Mexico
JP Morgan Asset Management has announced the launch of two UCITs ETFs as part of its ‘BetaBuilders’ product suite: J.P. Morgan BetaBuilders US Treasury 0–3 Months UCITS ETF – USD (acc) (BB3M N) and J.P. Morgan BetaBuilders US Treasury 0–3 Months UCITS ETF – MXN Hedged (MB3M N).
Brazilian fund industry raises BRL 23 billion in April and reaches 70% of 2020 balance
The fund industry raised BRL 23.3 billion (USD 4.3 billion) in April, bringing net year-to-date flows to BRL 124.1 billion (USD 20 billion), already accounting for 70% of the 2020's net gain.
Record 1Q 2021 flows to cross-border funds in Brazil inspire loftier growth projections
"Popularization is just beginning. When I look at the industry, I am optimistic. This was the strongest quarter," said Giuliano De Marchi, head of Latin America for JPM AM.
In turning aside challenge to third withdrawal, Constitutional Court puts AFP system at risk
Following the surprise ruling, the Constitutional Court can no longer be looked to as a free-market bulwark and protector of the "Chilean Model."









