Purchases were channeled for the most part through mutual funds, while ETFs lost positions. Seven products received at least USD 100 million in the period. Funds from Invesco, Templeton, DWS, BNP, and Blue Bay gathered the most.
Cross-border products finally catch a break, capture USD 600 million in April from Chilean AFPs
May 20, 2014 by
Flow Report – Chilean AFP Investments in Cross-Border Funds and ETFs – April 2014
May 16, 2014 by
Excel workbook detailing inflows / outflows of Chilean pension funds into international funds / ETFs. Includes names of all funds/ETFs as well as amounts invested in each. Data as of April 30, 2014.
Companies mentioned in this report: Aberdeen; Alfred Berg; AllianceBernstein; Allianz; Ashmore; Aviva Investors; Axa; BlackRock; BlueBay; BNP Paribas; BNY Mellon AM; BTG Pactual; Deutsche; Dimensional; Edmond de Rothschild; EuroAmerica; F&C; Fidelity; Franklin Templeton; GAM; GLG; Goldman Sachs ; Henderson; HSBC; ING; Invesco; Investec; iShares; JP Morgan; Julius Baer; LarrainVial; M&G; Matthews; MFS; Morgan Stanley; Natixis; Oppenheimer; Pictet; Pimco; Pioneer; Robeco; Schroder; SEB; State Street; Threadneedle; Threadneedle ; TIAA-CREF; UBS; Van Eck; Vanguard; Vontobel; WisdomTree.
Holdings Report – Mexican Mutual Fund Manager (OFI) Investment in Cross-Border Mutual Funds and ETFs – April 2014
May 15, 2014 by
Excel workbook detailing Mexican mutual fund allocations to global fund managers. Includes names of all funds as well as amounts invested in each. Also included is a breakdown of offshore allocations by asset class. Data as of April 30, 2014.
Companies mentioned in this report: Banamex; Valmex; Sura; BBVA; Santander; Actinver; Scotia; Principal; Ixe; Inbursa; GBM; HSBC; Compass; Skandia; Interacciones; Franklin; Templeton; Invex; Vector; Intercam; Aberdeen; BBVA; BlackRock; BNP; Paribas; EasyETF; EDM; Fidelity; First; Trust; Franklin; Templeton; Global; X; Henderson; ING; Investec; iShares; JP; Morgan; MFS; Morgan; Stanley; Oppenheim; Pramerica; Pioneer; PowerShares; Principal; ProShares; Robeco; Santander; Schroder; State; Street; Van; Eck; Vanguard; WisdomTree.
JP Morgan forecasts AFPs will maintain position in local equity
May 14, 2014 by
Despite the leeway available on limits on investing abroad, domestic equity has stabilized at 15% to 19% of portfolio during the last five to six years, which suggests their being influenced by a mix of strategic and political considerations.
Market Vectors: Institutions return to EMD; retail investors still fearful
May 14, 2014 by
Fran Rodilosso, fixed income portfolio manager for Market Vectors ETFs, noted that there is evidence that some institutional asset managers, including asset allocation strategists, pension funds, and foreign fund managers, are now increasing exposure to emerging markets in various ways.
Schroders hires Deutsche Bank’s EMD research chief
April 29, 2014 by
Parisien, the former head of Deutsche Bank's EMD research and strategy unit, will focus on emerging-market corporates.
Swiss & Global bond chief finds Brazil relatively cheap
April 29, 2014 by
Swiss & Global Asset Management's head of fixed income has built up exposure to local-currency emerging-markets debt in Brazil and Indonesia and says the sector now looks very cheap compared to high-yield emerging market debt.
No surprise: Global allocators shift to a “risk-off” position amid geopolitical uncertainty
March 19, 2014 by
The survey found that sentiment towards global emerging markets is close to reaching a low and that improvement is in sight. The proportion of global asset allocators underweighting emerging-market equities has risen two percentage points month-on-month to a net 31% – a new record low.
AFPs not yet enthusiastic about new flows from self-employed
February 27, 2012 by
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.
