Chilean AFPs redeemed heavily from North America in March 2017, pulling the most AUMs since August, while boosting their allocations to Japan and Europe, benefiting Eastspring Japan Dynamic-B and iShares MSCI Eurozone.
Axa-advised ‘global-talent’ fund launches in Mexico
May 1, 2017 by
The multi-sector and multi-currency fund will invest in the equity of small or family businesses around the world, Rogelio Gallegos, director of equity investments at Actinver, told Fund Pro Latin America.
CCR Monthly Approval Report – April 2017
May 1, 2017 by
BNP Paribas led with five ETFs of its Easy family registered in the month, while Axa and Wellington followed with two mutual funds each.
Leadership change announced at Sura-owned AFP Capital
May 1, 2017 by
Andrés Castro, whose career spanned three decades inside the Chilean AFP system, stepped down as chairman of Chilean pension manager AFP Capital. He was replaced by Juan Carlos Jobet, a Sura Asset Mgt. director who previously served in the Piñera government.
Brazilian funds took in record amounts in first quarter of 2017
May 1, 2017 by
The industry's first-quarter net inflows reached BRL 109 billion (USD 35 billion), the highest ever in a first quarter. The positive flows pushed the fund industry’s net assets to BRL 3.7 trillion (USD 1.03 trillion).
BlackRock launches iShares MSCI Argentina and Global Exposure ETF
May 1, 2017 by
Blackrock's Argentina-focused ETF will track the MSCI All Argentina 25/50 Index, said Gerardo Rodriguez, portfolio manager for BlackRock’s emerging markets group.
Bradesco targets Brazilian riches abroad
May 1, 2017 by
Banco Bradesco, Brazil’s second-largest bank by market value, said it will join rivals Banco Itau, BTG Pactual and XP Investimentos and open an office in Miami in July 2017.
Mexico’s Ramirez says pensions should balance individual contributions with defined benefits
May 1, 2017 by
Also president of a group of international pension regulators, Mexican pension supervisor Carlos Ramírez, said there's a general consensus that a successful pension model should consist of a mix individually funded contributions and defined benefits.
Peru convenes commission to target comprehensive pension reform
May 1, 2017 by
Speaking to Fund Pro Latin America, Jorge Mogrovejo of Peru's Superintendencia de Banca y Seguros y AFP, said regulations allowing 65-year-olds to withdraw 95% of their pension savings will be studied as part of a broader reform.
Colombia – AFP Report Statistics – March 2017
May 1, 2017 by
Excel workbook detailing investments of each Colombian mandatory pension funds to international mutual fund managers. Includes names of all funds as well as amounts invested in each. Data as of March 31, 2017.
Companies mentioned in this report: 1832 AM; Aberdeen; AllianceBernstein; Allianz; Amundi; BBH; BlackRock; BNP Paribas; BNY Mellon; Deka; Deutsche; Dimensional; Fidelity; Franklin Templeton; GAM; Goldman Sachs; Horizons; Invesco; Investec; iShares; JP Morgan; Mandarine; Matthews Funds; MFS; Morgan Stanley; Neuberger Berman; NN IP; Pictet; PIMCO; Pioneer; Robeco; Schroders; State Street; Threadneedle; Vanguard; Vontobel; WisdomTree; Porvenir; Proteccion; Colfondos; Old Mutual; FiduDavivienda; GNB Sudameris; Colseguros; Popular, Alianza.
