Cross-border funds and ETFs finished the month with USD 22.2 billion in Colombian pension assets under management.
Added flows, tighter fees will pressure Afores to diversify their portfolios
December 22, 2020 by
The industry was not pleased with the placement of stringent caps on fees they can pass on to affiliates, but cheered plans to boost payroll contributions substantially.
BlackRock makes new push into tepid Brazil ETF market
December 22, 2020 by
The firm will offer iShares through Brazilian depositary receipts, or BDRs, listed on the B3 exchange.
LarrainVial beefs up US Offshore operation
December 22, 2020 by
The hiring of a veteran Miami-based executive will strengthen the offerings of Aegon, Brown Advisory and Pinebridge Investments in the offshore wealth segment.
AFPs: Wave of reforms sweeps Chile and Peru
December 22, 2020 by
Along with approving the withdrawal of funds to fend off economic hardships caused by the pandemic, deep reforms are being discussed in both countries.
Franklin Templeton rides wave of new-client growth in Mexico
December 21, 2020 by
FT's Hugo Petricioli said clients turned to mutual funds in 2020 in search of exchange-rate protection and higher returns via international equities.
Chilean AFPs saw modest inflows in October after emergency redemptions
December 15, 2020 by
The AFPs added USD 207 million to cross-border fixed-income and money market funds in October. Three-month outflows totaled USD 7.9 billion.
Colombian AFPs add to fixed-income, select equities in September
December 12, 2020 by
Cross-border funds and ETFs finished the month with USD 21.5 billion in Colombian pension assets under management.
Chilean AFPs sold off USD 3 billion in cross-border funds in September
December 11, 2020 by
Affiliates withdrew close to USD 20 billion under an initial emergency program to help savers get through COVID-19.
Wealthy likely to move AFP money to tax-deferrable local investments
December 11, 2020 by
To avoid a tax hit, higher earners may shift their redemptions to local mutual funds using the voluntary retirement framework.
