The AFPs further reduced exposure to their top allocation, Asian equity, by USD 689 million in August, after having pulled out USD 707 million in July.
Colombian AFPs tiptoe into equity, dump money markets in October
The AFPs finished October with USD 17.2 billion invested in cross-border funds and ETFs, almost all of which was in equity funds. They increased their total equity exposure by USD 76 million during the month.
Colombian AFPs boosted cross-border equity positions in August
The AFPs finished August with USD 16.4 billion invested in cross-border funds and ETFs. They increased their total equity exposure by USD 320 million during the month.
Chilean AFPs redeemed USD 2 billion from cross-border funds in July
The AFPs finished the month with USD 82.3 billion invested in cross-border funds and ETFs, 69% of which was in equities.
Chilean AFPs add to equity funds, pull back from fixed income in October
The AFPs finished October with USD 82 billion invested in cross-border funds and ETFs, 70% of which was in equities.
Colombian AFPs rushed back to money markets in September
The AFPs finished September with USD 16.9 billion invested in cross-border funds and ETFs, almost all of which was in equity funds. They decreased their total equity exposure by USD 256 million during the month.
Chilean AFPs return to Asian, Latin American equity funds in September
Chilean AFPs finished September with USD 78.9 billion invested in cross-border funds and ETFs, 69% of which was in equities.
Sinking interest rates boost allocations to riskier Brazilian fund classes
The Balanced-Mixed class drew USD 2.4 billion of new flows in the month, raising BRL 14 billion between January and September, the largest amount among fund classes.
Brazilian mutual funds raised BRL 8.8 billion in October 2019
With net inflows of BRL6.5 billion in October, the Balanced/Mixed class shows inflow of BRL62.7 billion year to date, the best result in the industry.