Cross-border funds and ETFs attracted USD 376 million from the AFPs in June to finish the month with USD 19.2 billion in assets under management.
Picton takes over institutional distribution duties for Federated Hermes
Picton will focus on positioning Federated Hermes’ investment capabilities and services in the Latin American pension sector and with other institutions.
Jupiter expands Latin America and US offshore distribution team
Jupiter's William Lopez has put together a distribution team that relies on three external firms in addition to in-house professionals.
AMLO floats bid to increase Afore contribution rate to 15%
The Mexican president's surprise announcement would boost contributions from the current 6.5% rate over eight years, with employers footing the bill.
BlackRock sees AFPs increasing their use of fixed-income ETFs
Fixed-income ETF trading volume spiked by a factor of four or five during the onset of the pandemic, said Benjamín Souza, director and fixed income strategist for Latin America at BlackRock.
SURA launches Lux Sicav to capture global clientele
"The vehicle launch places SURA on the same footing as the more important global asset management firms, while reinforcing our value proposition," stated Ignacio Calle, CEO of SURA Asset Management.
Cross-border fixed-income funds being scooped up by Colombian AFPs
Over USD 900 million was invested in the asset class during the first half of 2020, with Colfondos and Protección leading the way.
Costs impede broad roll out of share-classes among Peruvian funds
Only nine of the 175 funds available use share classes for varying investor types, tax treatments, etc,, admits Fernando Osorio of the Peruvian Association of Fund Managers.










