Despite the new memorandum issued by the Consar, Afores and fund managers are still not sure how mutual funds can be included in investment portfolios. Investments will not be allowed in local funds, only international.
Archives for January 2012
BlackRock to start managing equity and bonds for sovereign fund
January 17, 2012 by
The firm was one of the managers selected by the Central Bank to manage these assets. The portfolio should begin operating during the first quarter of the year.
William Blair enters Latam
January 16, 2012 by
The Chicago-based investment bank and asset management has opened a new office in Sao Paulo, Brazil, expanding firm's reach to Latin America.
This year could see a number of specialized mandates contracts in Mexico
January 5, 2012 by
Consar has defined the parameters and clarified the rules. Hugo Petricioli of Franklin Templeton and Sergio Mendez of Afore XXI believe the roles of valuers and custodians will be defined as the Afores start the mandates processes.
