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.
Colombia’s AFP Porvenir opted for EAFE in November while slashing positions in US
February 19, 2016 by
Bias to Europe leads to advances by Vanguard and Deutsche in Colombian pension market
December 18, 2015 by
Colombian AFPs in September continued to show bias to Europe, as overall exposure to the region hit USD 3.5 billion, benefiting managers like Vanguard and Deutsche, who captured a combined USD 232 million in their European funds and ETFs during the month.