AFP exposure to North American equity hit a three-month-high of USD 10.4 billion in October, as managers plowed USD 438 million into the segment. Over the last three months, the SPDR S&P 500 has accumulated USD 1.2 billion in new AFP investment.
Chilean AFPs showed renewed interest for US equities ahead of of November elections
Vanguard adds three ETFs to Mexican offering, bringing total to 65
"Vanguard is pleased to be able to cross-list additional products on the bolsa to help meet Mexican investors' needs for low-cost and broadly diversified ETFs," said Kathy Bock, head of Vanguard Americas.
Colombian AFPs boosted their exposure to emerging markets in August
Colombian AFPs in August increased their exposure to emerging-markets equity by US 477 million, lifting their stake in the region to 24% just behind that of Europe. iShares reached USD 6.4 billion in AUMs, leading the field.
iShares big beneficiary of Colombian AFP focus on emerging markets
The iShares MSCI Emerging Markets ETF was by far the biggest gainer for the month, with allocations coming from AFP Proteccion, with a USD 218 million deposit, and smaller amounts coming from Colfondos, Porvenir and Old Mutual.
Allocation from Colfondos bolsters Pictet European fund
The USD 150 million allocation juiced the AUMs of the Pictet Europe Index-I EUR product in June. Meanwhile, AFP Protección made some significant changes to its portfolio that impacted Morgan Stanley, iShares and Vanguard.
Chilean AFPs bolt from global equity May
AFPs cut their positions in May from over two dozen Asia-oriented funds and ETFs, while also trimming their exposure to Japanese, North American and European equity, leading to a net redemption of USD 1.9 billion in the fifth straight month of equity outflows.
iShares bears the brunt of Colombian AFP portfolio reshuffling
The AFPs redeemed USD 522 million from iShares ETFs in February and USD 548 million in January, as allocations to the US and Europe were sharply reduced.
Chilean AFP replace equity with big positions in fixed income and money market
Despite the losses in equities, total AFP allocations to cross-border instruments grew by USD 372 million to surpass the USD 61 billion mark - their highest level since December. Vanguard also surpassed iShares as the leading asset gatherer among Chilean AFPs.
Cross-border firms lost USD 1 billion in Colombian AFP assets in January
iShares, Vanguard and State Street, the biggest recipients of Colombian AFP allocations, all suffered AUM declines. AFPs Protección and Colfondos were behind some of the largest allocation shifts.
Chilean AFPs chose emerging-markets bonds in March while dumping Asian equities
The AFPs made allocations to 14 emerging-markets-bond funds in March, with MS Emerging Markets Corporate Debt-Z and Investec Emerging Markets Corporate Debt-I Acc getting the lion's share of the action.