Chilean AFPs increased their exposure once again to Asian equity, investing USD 716 million in April for USD 23.4 billion in total allocations to the asset class and a 28% market share. Investec cleaned up in this category as well as in Latin America.
Asian, Latin American equity attract Chilean AFP assets amid signs of slower global growth
Chilean AFPs retreat from US and Japan, while pumping assets into Latam and Asia
Chilean AFPs poured USD 1 billion into Asian and Latin American equity in March, as fears of a global trade war rocked markets. T. Rowe Price's Anh Lu is optimistic that 2018 will be a good year for Asia equity, buoyed by market reforms in China,
Chilean AFPs go deeper into Asia, Latin America equity
While the industry scaled back its cross-border allocation overall, Asia equity took in USD 673 million from Chilean AFPs during February. The sector now has USD 22.3 billion in AFP allocations.
Colombian AFPs favored emerging markets and Europe in 2017
Emerging-market equity ended up being Colombian AFPs’ biggest allocation target in 2017, ending the year with USD 5.8 billion in investments and a 29.5% market share.
Barclays recommends investors position for a lower growth environment
"There is no quick bounce-back coming,” said Ajay Rajadhyaksha, head of macro research at Barclays. He also believes the US dollar will continue to be strong vs. downside for the Euro and other commodity currencies.
Barclays announces changes to its benchmark fixed-income indices
The changes impacted Barclays' Emerging Markets, Global Aggregate, US MBS and Inflation-Linked indices.