Archives for June 2012

Before Afores can invest in mutual funds the regulations need surgery

The regulations on mutual fund operations and Afores investments in Mexico do not match, which means there is no viable possibility of investing in these vehicles.

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Private equity managers are enthusiastic about Provida’s decision

The largest Chilean AFP has set up an Alternative Investment Department which may reflect a long-term view that opens the door to less liquid instruments.

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Sale of BBVA Bancomer pensions could bring new players into the sector

The Latin America region is perceived as strong and growing, and the sale of BBVA Bancomer could place a brand in four countries with one operation. For Luis Sayeg Seade of Banamex, it would be interesting to see a Mexican player come out to fight in the region.

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Afore Banamex to be first to operate mandates in Mexico

In a couple of months the pension manager expects to have international equities in its Siefores and sees commodities as the next asset ready for investment.

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VelocityShares names a head of Latam sales

VelocityShares has appointed Daniel Saieh as managing director and head of Latin American sales.

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