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.
Chilean AFPs added allocations to Asia and emerging-market-bond funds in August
September 22, 2016 by
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.
Western Asset preps global-equity feeder allocating to sister firm ClearBridge Investments
September 7, 2016 by
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.
Chilean AFPs are latest targets of populist fury
August 25, 2016 by
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.
Sura launches Pacific Alliance bond fund
August 24, 2016 by
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.
Brazilian investors not enticed by sharp rise in share prices
August 23, 2016 by
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.
Vision Advisors enjoys expansion into new business areas
August 7, 2016 by
In addition to a local-fund offering that has grown to USD 80 million, Vision will begin regional distribution of Lansdowne and Cheyne Capital hedge funds. It already represents Templeton, Rogge and AllianceBernstein funds.
Equity, fixed-income funds posted strong returns in June
July 25, 2016 by
In the year through June, the industry recorded net sales of BRL 38.1 billion (USD 14 billion), 29.5% more than in the same period last year, led by the Fixed Income and Pension funds.
Chilean insurers push for 40% foreign investment limit
July 11, 2016 by
Commenting on a bill under review in Congress, Jorge Claude, executive VP of the Association of Insurers, said wider latitude to invest offshore is required in light of the small local capital market.
Invex adds third-party European fund to its private-banking platform
July 11, 2016 by
The boutique bank has included the EDM-advised fund on its third-party platform. The bank is encouraging its clients to diversify their portfolios, Jean Louis Guisset, director of Invex private banking business, told Fund Pro Latin America.
