The AFPs yanked USD 61 million from cross-border funds and ETFs in March 2019, but shoveled USD 447 million into a single Vanguard ETF, raising the firm’s total Colombian AUM to USD 2.5 billion.
Colombian AFPs sold equity funds and ETFs in February, despite rally in global stocks
April 23, 2019 by
The AFPs finished February with USD 16.6 billion invested in cross-border funds and ETFs, 95% of which was in equities. Many had adopted a wait-and-see posture, or were selling into rallies.
JP Morgan lists its first UCITS ETF in Mexico
March 20, 2019 by
"We’re seeing growing interest from clients for cost-efficient fixed-income strategies which sit within the benefit-rich ETF vehicle," said JPM Mexico's Juan Pablo Medina-Mora.
JP Morgan is latest to list ETFs in Mexico
June 12, 2018 by
ETFs from global firms have flooded the market, providing investors with diversification options as the country heads toward July elections. Vanguard, Principal, Franklin Templeton, First Trust, Van Eck and Amundi have all listed funds in recently.
Boosted by AUM growth, JP Morgan to open Colombian office
January 9, 2018 by
Giacomo Grage, who until now has been working from JPM's Andean flagship in Santiago, will head the initiative in Bogota.
Santander to assume management of JP Morgan’s Brazilian-risk funds
December 6, 2017 by
With the deal, Santander could add over USD 5 billion to its USD 80.5 billion in AUMs in Brazil. Santander already has more than 1 million local investors in its Brazilian-domiciled funds.
Three firms share USD 700 million US Equity mandate from XXI Banorte
September 17, 2017 by
Under the guidance of Sergio Mendez, Afore XXI Banorte funded US equity mandates with three managers, totaling USD 700 million, bringing its funded mandate total to USD 2.8 billion, spread across Europe, Asia and now the United States.
BTG and Itau innovate by opening onshore fund platforms to third parties
June 5, 2017 by
“Almost all funds in the market are now available on our digital platform,” BTG Pactual Digital's Marcelo Flora told Fund Pro Latin America. “For us, offering open architecture is a way to truly put the client first."
Managers hopeful that lower rates will spur demand for cross-border offerings
April 11, 2017 by
Itajubá Investimentos' Carlos Garcia believes the reduction of local interest rates may attract Brazilian investors to global offerings, but cautioned that pension funds still need to be convinced to diversify.
JP Morgan to build out Latam presence with Mexican and Colombian offices
April 10, 2017 by
The offices add to JPM's asset management operations in Chile and Brazil.
