Brazilian fixed-income funds have suffered BRL 131.1 billion (USD 24 billion) in outflows in the first five months of 2020 as yields continue to plummet.
Singular strengthens local ETFs while promoting distressed-debt strategies for Oaktree
In just under two years of operations, the firm has earned a place in the market with its sponsored indexed products and alternatives offering through Oaktree.
CCR Monthly Approval Report – May 2020
Standard Aberdeen led with five mutual funds registered in the month, while BlueBay (4), KraneShares( 2), Macquaire (1), Marathon (1), Partners Group (1), Rhone (1) and The Jordan Company(1) won approval for their products.
Politicians look to AFPs to salve economic wounds during corona virus
Government officials across the Andes are suggesting allowing workers to tap into the pension savings to help make ends meet during the pandemic.
Brazilian fund industry hit with BRL 91 billion in redemptions in April
Only foreign investment funds, with net inflows of BRL 2.2 billion in April, had a positive month. Year to date, the category had positive flows of BRL 11.4 billion.
Afore Citibanamex entices Kuri while Sura bets on home-grown talent
The former Afore Sura CEO’s new job is to work out how this retirement fund manager will take “the portfolios towards a better experience in which the client becomes the core of the investment process," Citi said in a statement.
Alternatives managers reactivate after Central Bank ups limits
Distressed debt and turnaround private-equity are expected to benefit from the boost in quotas on alternatives.