AFPs had to shed positions in international funds and ETFs for a total of USD 1.1 billion in the month, shrinking exposure in these instruments to USD 86 billion at the end of August 2021.
Chilean AFP positions in international funds and ETFs continued to fall in August
CCR Monthly Approval Report – October 2021
A total of 21 products were added in the month from 10 different asset managers: Schroder, Invesco, JP Morgan, Moneda, BNP Paribas, Goldman Sachs, Janus Henderson, UBAM, Vanguard and KKR.
Investment abroad slowed in 3Q 2021, but managers are still high on Brazil
"Throughout 2021, we have observed a significant increase in the demand for investment funds abroad," says Renata Cypreste, commercial head of BB DTVM
Afore SURA weighs funding new mandates in Mexico
Despite having the option to invest in UCITS, Andres Moreno, Afore SURA’s CIO, believes mandates will end up being the cheaper alternative.
HSBC Mexico shoots for sophistication in drawing up affluent product offering
HSBC Mexico's Christian Lafiandra said staying in close contacts with clients helped boost the firm's AUMs during the pandemic.
StepStone’s business responding to retail and institutional demand for alternatives
Luis Perezcano, StepStone’s senior advisor expects to issue another Afore dedicated CERPI and a fifth series of its private-banking product in the short term.
ETF BDRs gain early traction in race for Brazilian pension allocations
Paula Salamonde, director at BlackRock in Brazil, told Fund Pro Latin America that local pension funds are latching on to the firm's offering of ETF BDRs to build out their internationalization strategies.
CCR Monthly Approval Report – September 2021
Baillie Gifford, Candriam, Echiquier, JP Morgan (ETF), New Capital and TDR were the fund sponsors gaining approval for new products in September.
Sura launches traditional fund lineup in native Colombia
SURA says it wants to offer clients the possibility of investing in any country in which they have a presence (Mexico, Colombia, Peru, Chile, Uruguay and Argentina).