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.
BlackRock uses DOL fiduciary rule to promote iShares in advisory channel
"We aim to set a new market convention for core investing and long-term investors,” said Mark Wiedman, global head of iShares. Fees on its growing US iShares Core ETFs have been slashed.
Allocation from Colfondos bolsters Pictet European fund
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.
Chilean AFPs bolt from global equity May
AFPs cut their positions in May from over two dozen Asia-oriented funds and ETFs, while also trimming their exposure to Japanese, North American and European equity, leading to a net redemption of USD 1.9 billion in the fifth straight month of equity outflows.
iShares bears the brunt of Colombian AFP portfolio reshuffling
The AFPs redeemed USD 522 million from iShares ETFs in February and USD 548 million in January, as allocations to the US and Europe were sharply reduced.
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.
BlackRock’s iShares unit to unveil new line of multi-factor sector ETFs
BlackRock’s Factor-Based Strategies Group, led by Andrew Ang, oversees the broadest suite of factor-based products and capabilities, with more than USD 142 billion in assets under management.
Cross-border firms lost USD 1 billion in Colombian AFP assets in January
iShares, Vanguard and State Street, the biggest recipients of Colombian AFP allocations, all suffered AUM declines. AFPs Protección and Colfondos were behind some of the largest allocation shifts.
Chilean AFPs chose emerging-markets bonds in March while dumping Asian equities
The AFPs made allocations to 14 emerging-markets-bond funds in March, with MS Emerging Markets Corporate Debt-Z and Investec Emerging Markets Corporate Debt-I Acc getting the lion's share of the action.
US and Asian equity managers again pounded by Chilean AFPs
Chilean AFPs pulled investments in February from Asian and North American equities, as well as from high-yield bonds, in moves that hurt funds and ETFs like iShares Core S&P 500, Financial Select Sector SPDR, Investec Asian Equity and Axa US High Yield Bonds.