The AFPs finished 2018 with USD 71.9 billion invested in cross-border funds, 71% of which was in equities. Net outflows reached USD 1.7 billion in the fourth quarter due to the bloodbath in fixed-income funds.
Chilean AFPs flee fixed income in November selloff
January 6, 2019 by
Emerging market bond funds took the biggest hit in November, with pension managers withdrawing USD 565 million from the category.
Chilean AFPs flee funds in broad October selloff
November 21, 2018 by
The AFPs wrapped October with USD 73.2 billion invested in cross-border funds, 70% of which was in equities.
Schroders launches Argentine bond fund aimed at international market
July 31, 2018 by
“We have seen strong interest from international clients to have an Argentine bond product that can provide a compelling yield story," said Nicolas Giedzinski, head of LatAm intermediary and discretionary US Offshore.
Schroders accesses retail channel in Brazil via third-party exclusive relationships
May 9, 2018 by
Schroder Brazil's Fernando Cortez told Fund Pro Latin America the firm is pushing to have eight feeder funds on offer by the end of 2018, many distributed exclusively via large third-party banking networks.
Schroders bolsters Chilean presence with Banchile tie-up; eyes role in alternatives
February 12, 2018 by
The appetite for alternative products from clients in the region is here to stay, says Schroders' head of South American distribution, Alex Toledo.
XXI Banorte quickly funds Pan-Asian mandate with USD 850 million in disbursements
March 13, 2017 by
The latest implementation of XXI Banorte's international diversification strategy, led by CIO Sergio Mendez, has been entrusted to JP Morgan, Investec, BlackRock and Pioneer Investments. The process took just four months.
XXI Banorte plans early 2017 RFP
December 9, 2016 by
XXI is the most active Afore in terms of international mandates, having announced a USD 150 million mandate with Pioneer, new disbursements in its European mandate with BlackRock and Schroders, and, according to CIO Sergio Méndez, an upcoming RFP in early 2017.
Afore XXI-Banorte to proceed with Asian equity RFP
September 7, 2016 by
Afore XXI-Banorte's Sergio Mendez says the pension manager will proceed with its plan to launch an Asian equity mandate, first announced by Fund Pro Latin America in March of 2016.
Stronger Real spurs selloff of international funds in Brazil
July 25, 2016 by
BB DTVM's major partners are BlackRock, Nordea, JP Morgan and Schroders, who represent more than 70% of total AUM of its international products, said Ricardo Forni, product manager.
