ETFs emerge as one of the main alternatives for investors to diversify their portfolios internationally. "Customers have understood the power of diversification, seeking investment alternatives that are not reflected in the local market, and also diversifying in currency, as ETF BDRs have exposure to the dollar," said Paula Salamonde, director of the Institutional segment and iShares ETF at BlackRock Brasil.
Brazilian cross-border investments increased the pace with USD 289 million net inflows in Q2 2024
CMF launches platform to compare mutual fund fees sparking debate
The platform provides detailed cost information categorized by AGF, client type, and share classes, using a traffic light system to rate fees.
At the end of July, processing of new pension withdrawals begins
Although there is some consensus on the inconvenience of this mechanism, the appearance of certain populist enticements could influence the process.
CCR Monthly Approval Report – June 2024
JPMorgan led with five ETFs, followed by Allianz, Bluebay, Comgest, Man and Morgan Stanley each with one mutual fund approved. Two alternative products also got the green light, one from Hollyport Capital and one from Rivean Capital.
Fast-track passage of pension reform could end up in the Constitutional Court
The government has already announced a corrective bill to resolve some shortcomings not analyzed by the House of Representatives.
JP Morgan AM reinforces its distribution team in Santiago
Incorporation of former BlackRock executive brings ETF sales expertise.
Jaime Munita leaves the asset management industry after 20 years
Since 2018, he has served as the CEO of AFP Capital, part of the Sura group.
Bravo Commission 2.0 faces skepticism amidst controversy in pension reform debate
The pension reform remains stalled in the Senate Labor Committee amid intense political negotiations.
Congress approves pension reform
The legislation now goes to the president who could return it to Congress, although he is expected to sign it. The main issues for AFPs are new players, the productivity fee and the end of withdrawals.
CCR Monthly Approval Report – May 2024
BNP Paribas, Credicorp Capital, JP Morgan, Morgan Stanley, PIMCO, Theam Quant, Eurazeo and Kinderhook were the fund sponsors gaining approval for new products.












