Led by iShares MSCI Emerging Markets ETF, the emerging-markets-equity category attracted USD 140 million from AFPs in an otherwise poor December for cross-border firms.
Credicorp Capital to strengthen traditional brands and add new alternatives
Building on its own fund lineup and strengthening existing third-party traditional and alternatives relationships are Credicorp Capital's key objectives, says Felipe Sotomayor.
Colombian AFPs went longer on emerging-markets equity in March
The AFPs yanked USD 61 million from cross-border funds and ETFs in March 2019, but shoveled USD 447 million into a single Vanguard ETF, raising the firm’s total Colombian AUM to USD 2.5 billion.
Colombian AFPs dump North American equity as trade spat escalates
Total allocations from Colombian AFPs to offshore funds and ETFs slipped to USD 16.4 billion in October; 97% of that exposure is to equity.
State Street embraces new investment paradigm, launches investable indices
"We’re packaging an active strategy in rules-driven index, where security weights can change dynamically as relevant factors and big data indicators evolve," said Will Kinlaw of State Street Global Exchange.
Afore Sura funds mandate with Investec for USD 150 million
Luis de la Cerda, investment director, said the Afore was open to granting new mandates and to evaluating options in mutual funds when the time comes.
State Street: Global private-equity funds posted 10.4% gains in 2016
"In private markets, we saw heightened exit activity in recent years as managers took the opportunity to exit their investments. Recently, however, capital calls have slowed, ” said State Street Associate's Will Kinlaw.
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.