Despite market turbulence, the Brazilian investment fund industry ended the month with net inflows of BRL 12.7 billion (USD 3.1 billion), with year-to-date inflows coming in at BRL 61 billion.
AFPs step up exposure to North America, Asia as investors look past trade concerns
Chilean AFP pension managers injected USD 2 billion of assets into cross-border funds and ETFs in July, stepping up exposure to North American and Asian equity, as well as high-yield and emerging-markets bonds.
Performance Report – Mexican Mutual Fund Investments in Cross-Border Funds and ETFs – August 2018
Excel workbook detailing, over various time periods, returns of each international fund/ETF receiving investments from Mexican Mutual Funds. Data as of August 31, 2018.
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.
Colombian AFPs head for exits amid trade uncertainty
Total allocations from Colombian AFPs to offshore funds and ETFs reached USD 18.4 billion in June. Emerging-markets equity led allocations, followed by North American equity and European equity.
After June losses, investment fund industry shows small recovery in July
The Brazilian investment fund industry ended July with just BRL 2 billion (USD 500 million) in net inflows, yet it came as a relief for the market, which suffered a net outflow of BRL 23.6 billion in June.
Performance Report – Mexican Mutual Fund Investments in Cross-Border Funds and ETFs – July 2018
Excel workbook detailing, over various time periods, returns of each international fund/ETF receiving investments from Mexican Mutual Funds. Data as of July 31, 2018.
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 funds suffered outflows in June, but YTD balance remains positive
In June, Brazilian mutual funds suffered BRL 25.9 billion (USD 7 billion) in capital outflows, their worst monthly result since October 2008.
AFPs step back from Europe, Asia and Latin America amid trade tiffs
Chilean AFP pension managers pulled USD 1.3 billion of assets from cross-border funds and ETFs in June, backing away from European, Latin American and Asian equities.
Colombian AFPs favor North America, emerging markets amid trade tensions
Total allocations to offshore funds and ETFs rose USD 109 million to end the month with USD 20 billion under management.
Performance Report – Mexican Mutual Fund Investments in Cross-Border Funds and ETFs – June 2018
Excel workbook detailing, over various time periods, returns of each international fund/ETF receiving investments from Mexican Mutual Funds. Data as of June 30, 2018.
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.