European- and Japanese-equity funds finished 2013 with additional flows from Chilean AFPs

AFP exposure to these two regions expanded by nearly USD 6 billion in 2013. Top selling products in December were two ETFs of the iShares family. When considering the entire 2013 campaign, mutual funds managed by DWS (Deutsche), Pioneer and Threadneedle led among the European-oriented products, while iShares ETFs took the lion’s share of the Japanese action. Full details are available in the attached holdings and flow reports.