Colombian AFPs pulled away from cross-border funds and ETFs in May, yanking USD 1.2 billion mostly from equity funds as global markets reeled amid trade tensions.
Natixis survey finds “disconnect” between investors’ return expectations and tolerance for risk
“Last year’s market volatility was a strong reminder of the importance of professional advice in helping to build diversified portfolios," said David Giunta, CEO for the US and Canada at Natixis Investment Managers.
Chilean labor-committee amendment would force AFPs to eat cross-border-fund fees
AFPs and cross-border managers are clinging to hopes that the amendment will be expunged or reversed before the final pension-reform bill goes to a vote in the Congress.
Real-estate manager Asset AGF targets USD 500 million AUM via residential rental fund
This pioneer in the residential rental market, led by Felipe Swett, now finds itself in competition with other firms, such as Ameris, BTG Pactual, Credicorp Capital and Compass Group.
Investment abroad remains a seemingly distant aspiration for Brazilian pensions
Jorge Simino, investment director at Funcesp, says that pension funds are still cautious about investing abroad.
Life insurers in legal battle to prevent client profits from being taxed
The Court of Appeals is analyzing the case. A decision against insurers could discourage people from using life insurance vehicles for savings, and push more clients to mutual funds.
Asset-management moves: AFP-industry veteran steps out of executive role
April proved to be a busy month for executive changes, as shareholder meetings convened in Chile. Changes at Moneda, Credicorp and Planvital garnered the most attention.
HMC to boost its profile in the real-estate sector
In alliance with leading real-estate companies, the firm plans the first-half launch of a novel mezzanine-type fund in Chile.
International real estate gets boost from Chilean AFP regulator
Pension superintendent Osvaldo Macías said changes are coming to put international REITs on an equal playing field with their Chile-oriented brethren.
Colombian AFPs sold equity funds and ETFs in February, despite rally in global stocks
The AFPs finished February with USD 16.6 billion invested in cross-border funds and ETFs, 95% of which was in equities. Many had adopted a wait-and-see posture, or were selling into rallies.







