CCR Monthly Approval Report – June 2018

Seven mutual funds, 20 ETFs and three alternatives were added in June to the list of approved instruments eligible to receive allocations from Chilean Pension Managers (AFPs).

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Financial professionals can earn CFA credits at upcoming Neuberger seminar

BECON Investment Management and Neuberger Berman will host the first-ever series of advisor-focused events in Latin America in which attendees can acquire Chartered Financial Analyst (CFA) continuing-education credits.

Trade rhetoric inspired Colombian AFPs to keep assets closer to home in April

Colombian AFPs showed a preference for North American and Latin American equity in April, while scaling back their positions in emerging-market equities, as escalating US trade rhetoric encouraged the AFPs to invest domestically.

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Poor showing in May puts small dent in Brazilian fund industry’s YTD growth for 2018

Despite negative flows of BRL 4 billion in May, there was positive flows for riskier asset classes, including equities, hybrid funds and riskier classes of fixed-income funds.

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Miguel Varas joins Amundi’s Latin American team

The former AFP Provida executive will take on a client segment made up of central banks and sovereign funds, while also working to strengthen already-established distribution ties with regional AFPs.

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Amundi strengthens focus on Latin American institutional asset gathering

After its merger with Pioneer, Amundi has decided to attack the Latin American institutional market from Santiago and Mexico, leveraging the experience of Silvia Fernández, who led Pioneer's distribution area in Andean markets.

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Developed-market equities lose luster for Chilean AFPs in May

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.

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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.

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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.

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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.

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