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.
Chilean AFPs trimmed their exposure to Asia and emerging markets in January
March 17, 2016 by
While cutting back broadly on positions across Asia, emerging markets and in the US, the AFPs targeted European equities in January. Some large funds from AXA, iShares, and Henderson, suffered, while State Street and Deutsche had some reason to cheer.
Chilean AFPs rediscovered global equities in October, to the delight of cross-border managers
December 7, 2015 by
October was a good month for active managers Julius Baer, Deutsche, Schroders, Investec and Robeco, while ETF providers iShares and Vanguard finally caught a break as AFPs finally began taking positions in equity again.
BlackRock outlines South American product and distribution strategy under new director
May 26, 2015 by
In a wide-ranging interview with Fund Pro Latin America, BlackRock's South American head, Javier García Riesco, described the firm's multi-pronged effort to broaden its product base and compete aggressively in all client segments.
BlackRock expands institutional team in Brazil with new hire
March 19, 2015 by
Oliveira was previously part of the investment team of Towers Watson and also the funds of funds area of Banco Alpha de Investimentos. In addition, the executive served on the portfolio management team of Tendência Wealth Management.
BlackRock taps Madrid sales boss to head up wealth distribution in Americas
February 26, 2015 by
Beginning in March 2015, Iván Pascual will be charged with managing BlackRock's global relationships with private banks, family offices, fund platforms, and wealth managers and his coverage will include the firm's active products as well as iShares.
iShares captured 31% of global ETF industry flows in 2014
January 14, 2015 by
Driven by its US and European product lines, the firm captured 31% of the total USD 331 billon in global exchange-traded-fund (ETF) market flows in 2014.
SLV pricing source changes following suspension of London Silver Fix
August 23, 2014 by
The pricing source of the iShares Silver Trust (SLV), which aims to replicate the performance of the price of silver, was changed Aug. 15 to the “London Silver Price,” and will be administered by CME Group Inc. and Thomson Reuters. The ETF is popular among Latin institutions.
BlackRock to offer S&P 500 ETF in Brazil
May 5, 2014 by
US ETF issuers, including ProShares, Invesco Power Shares, Vanguard and State Street, have turned increasingly to Latin America as an important avenue for asset gathering, particularly from institutional investors.
AUM losses in January topped USD 300 million for some funds held by Chilean AFPs
February 13, 2014 by
On the active-management side, the top 12 funds suffered a combined AUM loss of USD 851 million, while for ETFs the reduction in AUMs was a more moderate USD 501 million. Products from Templeton, Aberdeen, and iShares were the hardest hit. Meanwhile there was some good news for AXA, Invesco and BNY Mellon.
