Emerging market bond funds took the biggest hit in November, with pension managers withdrawing USD 565 million from the category.
Colombian AFPs dump North American equity as trade spat escalates
Total allocations from Colombian AFPs to offshore funds and ETFs slipped to USD 16.4 billion in October; 97% of that exposure is to equity.
Global sponsors redouble their efforts to sell Smart Beta ETFs to Chilean pensions
Several foreign managers, including Vanguard, First Trust, Amundi and BlackRock are promoting their Smart Beta ETFs in the Chilean market, but uptake has been slow among AFPs.
The iShares business in Mexico enjoyed a 38% jump in organic growth in 2017
In an extended interview with Fund Pro Latin America, Nicolas Gomez, head of iShares for Latin America and Iberia, discussed the scope of ETF business in the region and BlackRock's asset-gathering approach from a distribution and product perspective.
Allfunds platform now includes exchange-traded funds of multiple firms
Beginning June 1, clients of the AllFunds platform could purchase not just cross-border mutual funds but also ETFs from iShares, Lyxor, Source and Deutsche.
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.
Afore Sura funds its first international mandate for USD 150 million
Afore Sura has given the green light to its diversification strategy in international investments, funding a global equity mandate valued at USD 150 million. Two more mandates for a total of USD 350 million are awaiting a final go-ahead.
Pre-Trump, Colombian AFPs embraced emerging markets and North America while turning away from Europe
At the close of October, Colombian AFPs had boosted their exposure to emerging markets to nearly USD 4 billion, an 18-month high. Overall allocations abroad reached USD 14.9 billion, an 11-month high.
Chilean AFPs boosted US exposure in aftermath of surprise election outcome
Chilean AFPs, inspired by positive returns, bet heavily on US equity products, while at the same time unloading positions in emerging-market-bond funds on the heels of the surprise Trump victory in the US Presidential election.