Consar expects pension managers to follow Afore Banamex’s model on mandates

In an interview with Fund Pro Latin America, Carlos Ramirez Fuentes (photo), president of the Consar, said that "Increases in both the contribution rate and the foreign investment limit are important changes to be discussed," adding, "we are concentrating a lot of risk in one basket by leaving 80% of savings in a single country."

This content is reserved for our licensees.

Log In Register

Madero: Subadvisory agreement with LyonRoss gives small investors access to alternative strategies

Alonso Madero (photo), director of Actinver Investment, acknowledges "the need to bring innovative products" to the firm's platform, as a way of competing with bank-owned managers and offering clients higher returns with excessive equity exposure.

This content is reserved for our licensees.

Log In Register

Compass Group designates new institutional client director in Mexico

Ivan Ramil took over in June as director of institutional clients of Compass Group Mexico, replacing Luis Palacio, who moved to BNP. Ramil has spent the last three years as director of international strategy for the same company.

This content is reserved for our licensees.

Log In Register

Principal Financial Mexico names Veron leader of investment team

Juan Manuel Veron (photo) also joins Principal Financial Group's executive committee to strengthen the asset management area. He will command the Investment and financial-risks team.

This content is reserved for our licensees.

Log In Register

Through advisory relationships, BBVA brings “the whole world” to its fund portfolio

"We are looking for a couple of big players – advisors – to supplement our [global] portfolio, because the key concept in our private banking is open architecture," Javier Diez Jenkins, director of wealth management and private banking at BBVA, told Fund Pro Latin America.

This content is reserved for our licensees.

Log In Register

Actinver launches new multi-asset fund advised by NY-based alternatives shop

The Dinamo fund is characterized by investing in multiple asset classes (bonds, equities, commodities, real estate, etc.) and focuses on investors looking for the delicate balance between high returns and good strategies to protect capital in times of high volatility.

This content is reserved for our licensees.

Log In Register

Amafore proposes alternative pension law reform in Mexico

Carlos Noriega (pictured) said the pension-manager association is pushing for greater tax incentives for those who save on a voluntary basis.

This content is reserved for our licensees.

Log In Register