The business was valued at about EUR2 billion, or nearly USD2.7 billion.
Archives for May 2013
Idea of raising the pension contribution percentage gains ground
A state AFP is one of the proposals with most impact on presidential candidates, but would not have the support of the technical people.
Afore Sura mandate is for global equity
Emilio Bertrán, director of portfolios and mandate development manager, expects the mandate for a total of USD700 million to be funded in six or seven months.
Former Tanner manager Claudio González opens family office
González created GH Capital Invest with a target of reaching USD20 million AUM in six months of operations with private clients and companies.
Mercer plans to expand investment consulting in Chile and Mexico
The firm’s Latin American operations are currently centralized in Brazil, however they expect to grow in the rest of the region, with institutional clients and sovereign funds.