Chilean AFPs pulled USD 125 million of assets from offshore funds and ETFs in May, cooling on European, Japanese and North American equities as trade concerns plagued markets. Asian and Latin American equities continued to attract flows, however.
Morgan Stanley: Sustainable investing gains momentum among pension, wealth entities
“The growing sophistication among asset owners about when and how to integrate ESG into the investment process creates opportunities to tailor strategies and provide customized solutions," said Morgan's Rui de Figueiredo.
Franklin preps ETFs for Mexican retail and institutional segments
Franklin is introducing a line of ETFs that includes passive and Smart Beta strategies. Demand for these instruments has been high, says Jennifer M. Johnson, president and COO.
Swiss-based Partners Group makes exclusive distribution deal with Argentine brokerage
The deal was made possible by legislation that allows Argentine clients to invest directly in financial instruments domiciled outside the country, provided that they have a local agent as a link to the operation abroad.
Colombian AFPs want more contributors in system, even if they receive less from each affiliate
Instead of two regimes (state-run pay-as-you-go and AFPs) competing, there should be a single system based on government social security and individual contributions to public and private AFPs, says the Colombian pension association.
Spoiled by 2017 returns, individual investors are poised to react poorly to market volatility
“After an exceptional year in 2017, volatility is back, and investors are feeling as uncertain as the markets,” said David Giunta, CEO for the US and Canada at Natixis Investment Managers.
JP Morgan is latest to list ETFs in Mexico
ETFs from global firms have flooded the market, providing investors with diversification options as the country heads toward July elections. Vanguard, Principal, Franklin Templeton, First Trust, Van Eck and Amundi have all listed funds in recently.
Santander adds global and Latam-oriented funds to Brazilian onshore platform
The firm has raised roughly USD 150 million in the short time the funds are active in Brazil,” said Santander’s Rudolf Gschliffner. Lower interest rates and the search for diversification have made international investments relevant among Brazilians clients.
AFP Provida takes steps to recover market share
Provida, for many years the leader in overall AUM in the Chilean AFP industry, has reduced its fees and made a key hiring on the investment side to shore up its sagging market share.
Global sponsors redouble their efforts to sell Smart Beta ETFs to Chilean pensions
Several foreign managers, including Vanguard, First Trust, Amundi and BlackRock are promoting their Smart Beta ETFs in the Chilean market, but uptake has been slow among AFPs.












