The AFPs sold USD 456 million in North American equity funds and ETFs, reducing their AUM in that category to USD 4.1 billion.
Social crisis brings uncertainty to Chilean real-estate fund segment
While exchange-traded instruments of this type suffered a drastic collapse in pricing, a proposed additional tax would severely damage future demand.
Chilean AFPs redeemed USD 2 billion from cross-border funds in July
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.





