The November 2020 numbers disappointed but did not mar a decent year, during which local funds had raised USD 23 billion.
Investors pull USD 4 billion from Brazilian funds amid lackluster returns and yields
Brazilian funds raised USD 37 billion in first nine months of 2020
The Fixed Income class was the highlight in September, with USD 4 billion raised in September, pulling the category out of negative territory for the year to date.
Chilean AFPs see heavy outflows in August as savers redeem pensions
The AFPs decreased their exposure to international equity by USD 4.1 billion, while shaving USD 547 million from their holdings of fixed-income funds.
Amid difficulties, Brazilian fund industry raises USD 27 billion through August
Balanced/Mixed and Equity classes raised more in the first eight months of the year (BRL 48.8 billion) than the amount in the same period of 2019 (BRL 41.4 billion).
Chilean AFPs flood back into Asian equity, high-yield bonds in April
All told, the AFPs raised their exposure to equity by USD 3.4 billion during the month, while boosting investments in fixed-income funds by USD 1.8 billion.
Fund industry shows BRL 14.9 billion outflow in May
Brazilian fixed-income funds have suffered BRL 131.1 billion (USD 24 billion) in outflows in the first five months of 2020 as yields continue to plummet.
Brazilian fund industry hit with BRL 91 billion in redemptions in April
Only foreign investment funds, with net inflows of BRL 2.2 billion in April, had a positive month. Year to date, the category had positive flows of BRL 11.4 billion.