Chart detailing investments Chilean AFPs in international mutual funds and international managers. Includes names of all funds as well as amounts invested in each. Also shows overall system investment in each mutual fund. Data as of June 30, 2013.
Chilean AFP System Investments in Individual International Mutual Funds – June 2013
USD2 billion pension portfolio in Latam whets appetite of Itaú AGF
The local manager of the Brazilian group has just registered a mutual fund with the Risk Rating Commission and hopes to attract investments from pension funds.
Celfin joins Threadneedle and goes for another manager
The move consolidates their foreign manager platform which also includes Henderson, Aberdeen, Credit Suisse and Barings.
AFPs diversify their choice of ETF issuers
Although iShares continue to dominate the segment, in the last two years very strong competition has appeared along the way.
Compass Group to take over distribution of UBS for the region
Chilean and Peruvian pension funds currently hold investments in funds of this global asset manager.
Two new domiciles to enter CCR listing
AFPs will soon have funds domiciled in 11 different markets.
Registration of funds: a situation that managers have taken on board
Whether because of the procedure developed by the regulators or the AFPs themselves, it is not possible to place a fund until three months after the start of the process.
HMC starts the year raising over US$400 million from AFPs
Ricardo Morales, partner of HMC - firm associated with the Brazilian firm Itajuba Investimentos - says they achieved sales for managers Matthews, Neuberger Berman, BlueBay and East Capital.
AFPs not yet enthusiastic about new flows from self-employed
Compulsory contributions for these workers will not come into force until 2015. The legal change could inject significant resources into pension funds, particularly through monthly flows.
Afore Banamex selects three managers specializing in international equity
JP Morgan, BlackRock and Schroder are chosen to manage part of the Afore’s portfolio in global equities.


