Eemerging-markets-equity funds and ETFs continued to attract assets. Category favorite iShares MSCI Emerging Markets led inflows with USD 178 million coming into the fund.
Colombian AFPs go yet longer on emerging-markets equities
The AFPs finished April with USD 17.8 billion invested in cross-border funds and ETFs, almost all of which was in equities, after having yanked USD 597 million in the first quarter.
Vanguard launches first local product in Mexico
The Vanguard FTSE BIVA Mexico Equity ETF (VMEX) tracks the country’s BIVA index, which accounts for 97% of the Mexican equity market.
Vanguard to fly solo in the Andes, end institutional relationship with Compass Group
At the end of March, the US sponsor handled about USD 3 billion from institutions such as AFPs, AGFs and insurance companies.
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.
Vanguard to enter mutual-fund market in Mexico
While ETFs will still be its main offering, Vanguard Investments Mexico is ready to take on the mutual fund business in the country through subadvisory and directly with the Afores as soon as regulations allow.
Arc of ETF growth in Mexico hinges on retail investor sophistication
"Demand for ETFs will continue to grow and remain on a positive trend," says José Oriol Bosch Par, director of the Mexican Stock Exchange, told Fund Pro Latin America. Others note that strides in investor education could boost usage of these vehicles.
Vanguard names sales executives to Mexican team
Among the hires was sales consultant Denise Casellas, formerly with Sura Asset Management and Santander Asset Management.
Vanguard sees cost competition aiding its AUM growth in Mexico
“In recent years our clients have told us they like Vanguard's low-cost quality offering, but they wanted more presence and a closer relationship with us," said Juan Manuel Hernández, and ex-BlackRock and iShares executive named to head Vanguard's first Mexico City office.







