The USD 150 million allocation juiced the AUMs of the Pictet Europe Index-I EUR product in June. Meanwhile, AFP Protección made some significant changes to its portfolio that impacted Morgan Stanley, iShares and Vanguard.
Colombian AFPs made play for emerging markets in April
Exposure to emerging-markets climbed to 15%, up from just over 10% in December 2015, benefiting iShares and Fidelity. Henderson also scored a major allocation in the Euro segment.
Chilean AFP replace equity with big positions in fixed income and money market
Despite the losses in equities, total AFP allocations to cross-border instruments grew by USD 372 million to surpass the USD 61 billion mark - their highest level since December. Vanguard also surpassed iShares as the leading asset gatherer among Chilean AFPs.
Colombian AFPs redeemed positions in December in face of global equity downturn
A double-whammy of poor performance and redemptions by Colombian AFPs from positions in North America, Europe, Japan and emerging markets left global sponsors reeling in the final month of 2015.
Colombia’s AFP Porvenir opted for EAFE in November while slashing positions in US
AFP Porvenir made the biggest changes to its international portfolio vis-à-vis its pension-manager peers in November, shifting USD 400 million to a single iShares EAFE exchange-traded fund while redeeming passive positions in US equities.
Colombian AFPs load up on Europe; make shy return into emerging markets
Colombian AFPs sharply increased their investment into Europe in October, while posting positive funds into emerging markets for the first time since May. These moves benefited managers like Vanguard, iShares and Deutsche but hurt others like State Street.