The AFPs finished the month with USD 82.3 billion invested in cross-border funds and ETFs, 69% of which was in equities.
Equity and mixed funds are powering Brazilian fund industry’s asset climb
Through July, the industry has logged net inflows of BRL 162 billion (USD 40 billion) year to date, more than triple the BRL 50 billion raised in the same period last year.
Chilean AFPs add to equity funds, pull back from fixed income in October
The AFPs finished October with USD 82 billion invested in cross-border funds and ETFs, 70% of which was in equities.
CCR Monthly Approval Report – October 2019
Allianz, Berenberg Aktien, DoubleLine, iShares, Kotak and Zurich were the fund sponsors gaining approval for new products in the month of October.
Court case in Chile could allow AFP affiliates to take early withdrawals from pension accounts
The courts will soon rule on a test case that may allow Chilean AFP affiliates to withdraw their savings before retirement.
Colombian AFPs rushed back to money markets in September
The AFPs finished September with USD 16.9 billion invested in cross-border funds and ETFs, almost all of which was in equity funds. They decreased their total equity exposure by USD 256 million during the month.
BTG Pactual locks up regional distribution deal with T. Rowe Price, hires new sales head
The Chilean subsidiary of the giant Brazilian group already has distribution agreements with the firms Evli, Reliance Singapore, Solar Capital Partners, Audax, Mobius Capital and Krane Funds.
Gold ETFs may be OK’d by AFP regulator, a boon to State Street, BlackRock, Van Eck and Invesco
Gold ETFs will likely be approved for Chilean AFP investment in the first half of 2020, said pension superintendent Osvaldo Macías.
Third-party distributor Unicorn SP looks to add fourth manager before 2020
Unicorn currently works with Vontobel for US Offshore and Latam intermediary clients, BNY Mellon for US Offshore and Muzinich in Latin American retail and institutional markets, said David Ayastuy, founder,
Becon lands distribution deal with EFG’s New Capital fund range
New Capital is the mutual fund arm of EFG Asset Management, a global investment manager with both a Dublin and Luxembourg range of funds.







