The AFPs finished May with USD 78.5 billion invested in cross-border funds and ETFs, 69.7% of which was in equities.
Chilean AFP replace equity with big positions in fixed income and money market
June 8, 2016 by
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.
