Colombian AFPs dive back into equities in June

The AFPs finished June with USD 17.2 billion invested in cross-border funds and ETFs, almost all of which was in equity-oriented products.

Legg Mason builds on feeder fund biz in Brazil

The firm has listed a locally domiciled vehicle that feeds into an equities fund run by affiliate Rare Infrastructure, and another that invests in a global credit fund managed by Brandywine Global.

This content is reserved for our licensees.

Log In Register

Chilean AFPs boost European and EMB positions in April

Total Chilean AFP assets abroad reached in April USD 62.7 billion and were at their highest level since October 2015. The increase from USD 61.7 billion was powered by returns, as the AFPs redeemed a net USD 177 in cross-border investments.

This content is reserved for our licensees.

Log In Register

BlackRock adds regional director to oversee Chile, Peru and Uruguay

Andrés de Goyeneche joins BlackRock after having led Deutsche Bank Chile as its general manager. He now forms part of a Latin American and Iberian team that includes 130 investment professionals, of which 13 are based in Chile, Perú and Uruguay.

This content is reserved for our licensees.

Log In Register

Colombian AFPs boosted their exposure to emerging markets in August

Colombian AFPs in August increased their exposure to emerging-markets equity by US 477 million, lifting their stake in the region to 24% just behind that of Europe. iShares reached USD 6.4 billion in AUMs, leading the field.

This content is reserved for our licensees.

Log In Register

Chilean AFPs added allocations to Asia and emerging-market-bond funds in August

Funds from Templeton and BlackRock led the advance in the Asian region, while an Asian products from Investec and a Japanese fund from Julius Baer were among the biggest losers in August, which was another bad month for US and European funds as well.

This content is reserved for our licensees.

Log In Register

Western Asset preps global-equity feeder allocating to sister firm ClearBridge Investments

The feeder fund will hit the ground running with BRL 35 million (USD 11 million) raised from Brazilian pension funds, said Marc Forster, executive director at Western Asset Mgt. in Sao Paulo.

This content is reserved for our licensees.

Log In Register

Chilean AFPs are latest targets of populist fury

The pension industry and the global fund community that serves the market were stunned by the sudden surge of discontent with the privatized system, which was sparked by news of hefty pensions still received by state employees.

This content is reserved for our licensees.

Log In Register

Sura launches Pacific Alliance bond fund

Sura's Juan David Perdomo said the Chile-domiciled fund will invest in government and corporate bonds throughout Chile, Mexico, Colombia and Peru. Mirror versions of the fund are expected in other jurisdictions.

This content is reserved for our licensees.

Log In Register

Brazilian investors not enticed by sharp rise in share prices

Despite double-digit gains of the local stock market in July, investors dumped balanced and mixed funds and were agnostic on equity vehicles. Flows into short-term funds were strong, however.

This content is reserved for our licensees.

Log In Register