Cross-border funds and ETFs finished the month with USD 21.5 billion in Colombian pension assets under management.
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.
Colombian AFPs shun US, see better opportunities in Europe and Asia
AFP exposure to Europe, Asia and even emerging markets were at year-to-date highs, as the rise of the US stock market failed to excite Colombian portfolio managers.
Colombian AFPs hot on emerging markets and Europe as global allocations swell
Parvest Equity Europe Small Cap-I, a BNP Paribas fund, saw a USD 136 million May allocation that was the largest for an active fund within the Europe equity category. AFP allocations abroad in May totaled USD 17.1 billion, the highest level in over two years.
Colombian AFPs boosted exposure to emerging markets in April
Total Colombian AFP assets abroad stood at nearly USD 17 billion in April, compared with USD 16.4 billion in March, and were at their highest level in at least two years. Emerging-market exposure clicked up two points to land at over 26%.
Chilean AFPs redeem heavily from North America in March; add to Europe and Japan
Chilean AFPs redeemed heavily from North America in March 2017, pulling the most AUMs since August, while boosting their allocations to Japan and Europe, benefiting Eastspring Japan Dynamic-B and iShares MSCI Eurozone.
Colombian AFPs allocations abroad at three-month high as US focus dominates
Colombian pension-manager investments abroad reached a three-month high in January, as allocations to North America outpaced heavy redemptions from emerging markets. Japan also had a net positive month.
Chilean AFPs cut Europe, Asia exposure in January while hiking North America
Schroders, Pimco, AXA and Fidelity benefited from AFP allocations to specialty fixed-income products. The first month of 2017 was positive for cross-border managers thanks in part to strong market returns.
Pre-Trump, Colombian AFPs embraced emerging markets and North America while turning away from Europe
At the close of October, Colombian AFPs had boosted their exposure to emerging markets to nearly USD 4 billion, an 18-month high. Overall allocations abroad reached USD 14.9 billion, an 11-month high.