Chilean AFPs pulled investments in February from Asian and North American equities, as well as from high-yield bonds, in moves that hurt funds and ETFs like iShares Core S&P 500, Financial Select Sector SPDR, Investec Asian Equity and Axa US High Yield Bonds.
Chilean AFPs trimmed their exposure to Asia and emerging markets in January
March 17, 2016 by
While cutting back broadly on positions across Asia, emerging markets and in the US, the AFPs targeted European equities in January. Some large funds from AXA, iShares, and Henderson, suffered, while State Street and Deutsche had some reason to cheer.
Chilean AFP portfolios reflect optimism on Europe and Japan
November 19, 2015 by
The AFPs made new investments worth USD 1.8 billion into European equity and USD 966 million to Japanese equity in the August-October period. The shift has helped move funds from Julius Baer, Henderson and Deutsche into the top-10 list of Chilean AFP holdings.
