The Fixed Income class was the highlight in September, with USD 4 billion raised in September, pulling the category out of negative territory for the year to date.
Proprietary and third-party funds fuel Ameris’s rise in Andean institutional circles
Since 2019, the firm has raised USD 1 billion for third parties, while its local alternatives launches have garnered USD 1.5 billion.
Chilean AFPs see heavy outflows in August as savers redeem pensions
The AFPs decreased their exposure to international equity by USD 4.1 billion, while shaving USD 547 million from their holdings of fixed-income funds.
Chilean Congress floats measure to allow an additional 10% emergency withdrawal
If the measure were to pass and another round of redemptions was allowed, AFP AUMs could fall by as much as USD 34 billion.
Deal with Aiva boosts Allianz’s distribution into Argentina, Uruguay and Paraguay
"Now more than ever, we are concentrated on broadening our distribution partners and prioritizing proximity," said Allianz GI's Alberto D’Avenia.
CCR defines special procedure for gold securities
The rating commission laid out the conditions for approval, relating to the manager’s experience, quality of the custodian, and the fund size.
AFPs on alert as Peru ponders creation of unemployment-insurance pool
The new measure opens the possibility of a private managers of a new pot of money, similar to the Chilean model.
CCR Monthly Approval Report – August 2020
A total of 25 products were added in the month from seven different asset managers: iShares, M&G, BlueBay, Invesco, Ashmore, Goldman Sachs and
DIF Capital Partners.
CCR Monthly Approval Report – September 2020
iShares, Van Eck, WisdomTree, Invesco, State Street, Gold Bullion, Janus Henderson, Jupiter, LaSalle, Morgan Stanley, Starwood, and Strategic Value were the fund sponsors gaining approval for new products in September.
Bill in Colombia would shift USD 12 billion from AFPs to public system
The measure seeks to lure wealthy AFP affiliates to the public system by subsidizing a more attractive pension payout, says Asofondos's Jorge Llano Salamanca.