In the wake of the uncertainty created by the pension reform debate, some wealth investors have opted to expand their positions in international equity.
Colombian AFPs shed international investments in February
Sales of international assets totaled USD 1 billion in the month, mostly affecting money-market funds.
Colombian AFPs shed risk positions in international portfolio in January
Pension funds took advantage of market rises at the beginning of the year to reduce their investments in international equity and bond funds, parking liquidity in money-market funds.
Colombian AFPs again reduced international exposure in portfolios in December
Pension funds offloaded international investments by USD 400 million in December, the fourth straight month outflows.
Colombian AFPs cut exposure to international equities in November
Redemptions in equity products topped USD 500 million. In contrast, AFPs allocated more than USD 100 million to debt funds.
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.
Colombian AFPs boosted investment in US equities in September
Overall, Colombian AFPs were holding USD 23.2 billion invested in international funds and ETFs at the end of September, down 10% from the previous month.
Colombian AFPs continued to reduce their international exposure in August
The largest redemptions were focused on European-equity funds for a total of USD 136 million and emerging-debt funds for USD 36 million.
Amid falling peso, Colombian AFPs scurried to US money-market funds in July
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.
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.