The AFPs cut USD 460 million from their positions in equity and USD 171 million from fixed income while increasing their investments in money-market by USD 412 million.
Brazilian Mutual Funds: Select List of Cross-Border Feeder Funds – August 2022
Excel workbook detailing a select list of Brazilian cross-border feeder funds. Workbook lists name of underlying mutual fund and international manager as well as amounts invested in each. Data as of August 31, 2022.
Companies mentioned in this report: Aberdeen Standard, Acadian, Allianz, AQR, Ashmore, Axa, Azimut, BlackRock, BNP Paribas, Bradesco, Bridgewater, BTG Pactual, EdR, Fidelity, Franklin Templeton, Fundsmith, Galloway, GQG Partners, GuardCap, J Safra Sarasin, Janus Henderson, JP Morgan, Jupiter, Lyxor, M&G, Man AHL, MFS ,Mirae, Mobius, Moneda, Mongeral Aegon, Morgan Stanley, Neuberger Berman, Ninety One, Nordea, Oaktree, Pershing Square, Pictet, PIMCO, Principal, Robeco, Santander, Schroders, T. Rowe Price, Vanguard, Wellington, Western Asset.
CCR Monthly Approval Report – August 2022
A total of 15 products were added in the month from six different brands: Actis, Amundi, Brookfield, Global X, M&G, and Mirae.
Rising rates and war in Ukraine led to global fund redemptions in Q2 2022
Nordea's Roberto Martinho noted a jump in risk aversion with regard to European equities, in the wake of the Ukraine invasion.
Brazilian Mutual Funds: Select List of Cross-Border Feeder Funds – July 2022
Excel workbook detailing a select list of Brazilian cross-border feeder funds. Workbook lists name of underlying mutual fund and international manager as well as amounts invested in each. Data as of July 31, 2022.
Berenberg makes play for Afore money in “attractive” Mexican market
Berenberg's Matthias Born expects to land an allocation from the Afore industry before September. Its first approved fund invests in small-cap European equity.
In May, sector ETFs attracted investments from Colombian AFPs
Pension funds turned to equity products specializing in the health, consumer and tech sectors, which received subscriptions for USD 115 million.
In May, AFPs cut back their international allocations
The largest redemptions were in the high-yield bond segment, totaling USD 309 million, followed by funds specializing in European equities with USD 161 million.
CCR Monthly Approval Report – June 2022
A total of nine products were added in the month from five different asset managers: Fidelity, DWS, Fullerton, Liontrust, PineBridge and Exeter Property Group.
Colombian AFPs increased positions in international equities in June
AFPs allocated USD 126 million to international equity and USD 40 million to cross-border fixed-income, while redeeming USD 343 million from money-market products.





