"Mexico is a key market for BNPP AM,” said Paola Zamora, based in Mexico City and recently appointed Customer Relationship Manager for BNP Paribas Asset Management (BNPP AM).
After eight months waiting, the Afores have a new list of funds to choose from
Amafore’s Alvaro Meléndez shared the changes related to the approval of international mutual funds for the Afores to invest in, as well as an updated list of funds.
Cross-border equity funds raised USD 331 million from Colombian AFPs in April
Pension funds invested USD 331 million in equity products during April, of which USD 313 million was invested in US equity funds.
Chilean AFPs favored international fixed-income funds in April
Bond funds received placements totaling USD 320 million, with funds specializing in emerging markets outperforming.
CCR Monthly Approval Report – May 2022
T. Rowe Price led with nine products registered, while Credicorp Capital, Eastspring, Invesco, Silver Lake and Veritas Capital completed the list. each with one product approved.
CCR Monthly Approval Report – April 2022
BlackRock and Lazard led, both with three mutual funds approved in the month, while Jupiter, UBS and State Street with one product each completed the list.
Colombian AFPs restructure their positions, turning to international fixed income in March
Pension funds moved into fixed income during March, investing USD 170 million, mostly into emerging-markets debt funds. On the other hand, their redemptions of equity products totaled USD 139 million.
AFPs soured on international equities in March
Funds specializing in equities in both the Asian and European markets sustained the heaviest redemptions, losing USD 859 million and USD 686 million, respectively.
19 BDRs of ETFs from Global X arrive at the B3
The ETF BDRs will initially be intended for qualified investors (with more than BRL 1 million invested), but should soon be available for general investors as well.
Colombian closed-end funds given OK to issue bonds
Until now only private-equity funds have been allowed to issue bonds. Leveraging is also a new possibility for closed-end vehicles.