Actinver signed an advisory agreement with Canadian manager Fiera Capital to reinforce the operation of its USD 174 million DINAMO fund, as it conducts a manager search for a fund focusing on cyber security.
Actinver adds another third-party manager, naming subadvisor to global multi-asset fund
August 1, 2018 by
Vanguard to enter mutual-fund market in Mexico
July 30, 2018 by
While ETFs will still be its main offering, Vanguard Investments Mexico is ready to take on the mutual fund business in the country through subadvisory and directly with the Afores as soon as regulations allow.
Amundi debuts in Mexican ETF market with its “green” vision
July 15, 2018 by
The European giant will debut a low-carbon and a floating-rate ETF in dollars which, like Amundi's active strategies, focus on obtaining good returns for clients, while generating positive impacts on climate, social responsibility and good governance.
Fee concerns threaten to derail Afores’ chance to invest in mutual funds
May 22, 2018 by
Despite delays things are moving ahead at a steady pace and both the Amafore and the Consar have been working nonstop to achieve clear rules that allow Afores to invest in mutual funds, says Amundi Pioneer's Gustavo Lozano. A consequential meeting this week should provide additional clues.
Principal broadens its lineup of life cycle funds in Mexico
May 9, 2018 by
The manager launched the conservative Lifestyle "Traditional" fund to cater to conservative investors who "still get a bit nervous with the mix of 80% debt and 20% equity" said the firm's Luis Lozano.
Arc of ETF growth in Mexico hinges on retail investor sophistication
April 18, 2018 by
"Demand for ETFs will continue to grow and remain on a positive trend," says José Oriol Bosch Par, director of the Mexican Stock Exchange, told Fund Pro Latin America. Others note that strides in investor education could boost usage of these vehicles.
Principal expands its onshore Mexican offering to capture repatriated assets
April 18, 2018 by
Principal Fondos de Inversion this spring launched two new global funds - one a feeder and the other subadvised - to meet the investment needs of capital repatriated in 2017, said the firm's Luis Lozano.
Afore Azteca CEO: Mutual funds are a “useful and indispensable” tool
April 3, 2018 by
Tonatiuh Rodríguez, who previously headed Afore XXI Banorte, came to Afore Azteca with the job of growing the client base by 40% in 2018. He considers cross-border mutual funds "an indispensable though transitional tool."
Sura eyes bigger slice of wealth segment in Mexico
February 26, 2018 by
With the idea of competing in the high-net-worth and private-banking segments, Grupo Sura is now seeking an agreement with a local brokerage firm, Pablo Sprenger, Sura's country CEO, said.
Consar anxious to establish rules for cross-border-fund investing
January 31, 2018 by
Carlos Ramírez, president of the Consar, provided Fund Pro Latin America with a time estimate on when Afore pension managers will finally be able to invest in cross-border mutual funds.
