AUM losses in January topped USD 300 million for some funds held by Chilean AFPs

On the active-management side, the top 12 funds suffered a combined AUM loss of USD 851 million, while for ETFs the reduction in AUMs was a more moderate USD 501 million. Products from Templeton, Aberdeen, and iShares were the hardest hit. Meanwhile there was some good news for AXA, Invesco and BNY Mellon.

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Pioneer appoints Bailie to head Western Europe and Latin America

He will join the firm in April and will report to Sandro Pierri, chief executive officer.

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