Redemptions in equity products topped USD 500 million. In contrast, AFPs allocated more than USD 100 million to debt funds.
International bond funds captured Chilean AFP investments in November
Pension funds increased their international debt portfolio by a total of USD 250 million in November 2022. Products specializing in the high-yield segment led subscriptions.
Brazilian Mutual Funds: Select List of Cross-Border Feeder Funds – December 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 December 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 – December 2022
Ninety One and America Securities were the fund sponsors gaining approval for new products in December.
Global bond funds attracted AFP allocations in October
Even though AFPs continue shedding positions in cross-border funds and ETFs, global bond funds took in USD 136 million in new money in October.
Colombian AFPs aggressively shed positions in international equities in October
The pension managers redeemed specialized products in US and European markets for a total of USD 159 million and USD 93 million, respectively.
Brazilian Mutual Funds: Select List of Cross-Border Feeder Funds – November 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 November 30, 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 changes criteria and reinstates Allianz funds
In October 2022, Allianz was authorized to distribute 26 strategies to Chilean pension funds.
CCR Monthly Approval Report – November 2022
A total of five products were added in the month from the following asset managers: Eastspring, Jupiter, Neuberger Berman, UBS and Stonepeak Partners.
Chilean AFPs continued to shed positions in international funds and ETFs in July
Among equity products, redemptions totaled USD 672 million in the month, while fixed-income products lost USD 357 million.