Managers with a local presence in Brazil are finally benefiting from their early-mover status in Brazil, among them Western Asset, PIMCO, JPM and Schroders.
Colombian AFPs plunged back into equity in June as markets rallied
Cross-border funds and ETFs attracted USD 376 million from the AFPs in June to finish the month with USD 19.2 billion in assets under management.
Schroders: Investor ambitions fail to reflect their actions within sustainable investments
“There remains a gulf between people’s sustainable investment aspirations and the reality of how they prioritize these factors," says Schroders' Jessica Ground.
Schroders promotes Binello to head of Latin America
The executive had been serving as head of offshore sales in Miami. Meanwhile, Schroders also promoted Pablo Albina to a top regional investment role.
Chilean AFPs funneled USD 783 million to cross-border funds and ETFs in March
The AFPs finished the month with USD 81.3 billion invested in cross-border funds and ETFs, 70.5% of which was in equities, as they sought better returns.
AFPs favor Asian equity and emerging-markets debt as markets recover
AFPs injected USD 760 million into emerging-markets bonds and USD 743 million into Asian equity in February, as total cross-border allocations passed the USD 80 billion mark.