Chilean AFPs redeemed heavily from North America in March 2017, pulling the most AUMs since August, while boosting their allocations to Japan and Europe, benefiting Eastspring Japan Dynamic-B and iShares MSCI Eurozone.
Brazilian funds took in record amounts in first quarter of 2017
The industry's first-quarter net inflows reached BRL 109 billion (USD 35 billion), the highest ever in a first quarter. The positive flows pushed the fund industry’s net assets to BRL 3.7 trillion (USD 1.03 trillion).
Colombian AFPs allocations abroad at three-month high as US focus dominates
Colombian pension-manager investments abroad reached a three-month high in January, as allocations to North America outpaced heavy redemptions from emerging markets. Japan also had a net positive month.
Performance Report – Mexican Mutual Fund Investments in Cross-Border Funds and ETFs – March 2017
Excel workbook detailing, over various time periods, returns of each international fund/ETF receiving investments from Mexican Mutual Funds. Data as of March 31, 2017.
Companies mentioned in this report: BBVA; Van Eck; Santander; Aberdeen; Schroders; Guggenheim; MFS; Global X; Franklin Templeton; First Trust; Goldman Sachs; iShares; BlackRock; JP Morgan; Pioneer; WisdomTree; State Street; PowerShares; Vanguard; Man; Old Mutual; Robeco; Principal; Henderson; PIMCO; Julius Baer; Union Bancaire Privée; Fidelity; Deutsche; ProShares; Exane; Lyxor; Direxion Shares.
Brazilian fund industry posts record net inflows in February and year to date
The Brazilian mutual fund industry recorded net inflows of BRL 20.7 billion (USD 6.6 billion) in February, the largest haul for any February on record.
Positive flows, good returns boosted Chilean AFP assets abroad in February
The total Chilean portfolio abroad reached USD 60.9 billion in February and was at its highest since USD 61.3 billion in April 2016. Active funds from Eastspring, TIAA, Pimco, Julius Baer and BNP Paribas were among the leading gatherers for the month.
Colombian AFPs ended 2016 with rush into US equities and exit from Europe
Colombian pension-manager allocations to North American equity as of December reached USD 3.2 billion in December, or 22% of the USD 14.5 billion cross-border portfolio, vs. just 14% in July.
Performance Report – Mexican Mutual Fund Investments in Cross-Border Funds and ETFs – February 2017
Excel workbook detailing, over various time periods, returns of each international fund/ETF receiving investments from Mexican Mutual Funds. Data as of February 28, 2017.
Companies mentioned in this report: BBVA; Van Eck; Santander; Aberdeen; Schroders; Guggenheim; MFS; Global X; Franklin Templeton; First Trust; Goldman Sachs; iShares; BlackRock; JP Morgan; Pioneer; WisdomTree; State Street; PowerShares; Vanguard; Man; Old Mutual; Robeco; Principal; Henderson; PIMCO; Julius Baer; Union Bancaire Privée; Fidelity; Deutsche; ProShares; Exane; Lyxor; Direxion Shares.
Chilean AFPs cut Europe, Asia exposure in January while hiking North America
Schroders, Pimco, AXA and Fidelity benefited from AFP allocations to specialty fixed-income products. The first month of 2017 was positive for cross-border managers thanks in part to strong market returns.
Brazilian fund industry starts year with best January since 2013
The leading asset class was fixed income, with net inflows of BRL 35.4 billion (USD 11 billion) in the month, followed by balanced/mixed funds, with net inflows of BRL 6.7 billion.







