Chilean AFPs dip cautiously into cross-border products in February after 2020 raid by savers

The AFPs injected just USD 53.5 million into cross-border funds and ETFs during February. That brought total assets under management to USD 93.6 billion, 67% of which was in equities.

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Neuberger’s Global Thematic Equity fund debuts on Pershing

The offshore version of this high-conviction fund, managed by Daniel Paduano’s group within Neuberger Berman, has a 28-year track record in the US.