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.
CCR Monthly Approval Report – March 2022
Nordea lead with four equity funds approved, followed by Bci, Candriam, JSS, Schroders, Vontobel and Arcano with one product each.
Colombian AFPs pumped brakes on cross-border allocations in February as market volatility rose
Although AFPs continued to increase their exposure in equities, they shed positions in debt and money market instruments. AUMs rose just USD 98 million for the month.
Emerging-equity products were the choice for Chilean AFPs in February
By product type, ETFs received a total of USD 982 million in net subscriptions, while active funds shed USD 251 million.
Itaú puts Goldman brand name on in-house feeder fund
The Goldman Sachs Global Millennials USD Selection Ações feeder fund will be available through Itaú’s fund of funds platform and is aimed at qualified local investors.