Among the casualties: an Ashmore short-duration fund that lost close to 30% for the month was redeemed heavily by the AFPs.
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.
CCR Monthly Approval Report – April 2020
Swisscanto led with five mutual funds registered in the month, while Xtrackers followed with ETFs. Berenberg, Credit Suisse, Man, Muzinich, PGIM, PineBridge, Robeco, and State Street joined the list along with two alternative products.
The regulator also gave the green light to two alternative products from Antares and Thomas Bravo.
JP Morgan Asset Management lists first hedged ETF in Mexico
The ETF seeks to provide a reliable beta “building block” for investors looking for a short-dated dollar-denominated government debt allocation, said JPM's Juan Pablo Medina-Mora.
Insigneo names ex-Citi IPB leader at head of offshore business
Rodolfo Castilla will be based in Uruguay and will oversee the group’s independent advisor network across Latin America.
CCR could delist funds whose AUM have fallen below USD 100 million
The CCR could delist funds, preventing them from receiving AFP allocations, or just place them under observation.
CCR Monthly Approval Report – March 2020
Hermes led with five mutual funds approved, followed by Barings and DWS with two products, and Invesco, Federated, EDM and JP Morgan with one mutual fund each.
Equity fund flows remained positive in March as Brazil looked past Covid-19
Equity funds had net inflow of BRL 8.3 billion in March and drew in BRL 45 billion for the quarter.






