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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Criteria for contracting managers fine tuned

The Risk Review Committee issued a document clarifying the criteria for contracts between afores and managers in Mexico which makes the system viable.

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Afore Sura: funding of mandates should start in the next few months

In an interview with Latin Asset Management, Emilio Bertran, director of portfolio structure at Afore Sura, said they had made progress with the final version of the contracts with the managers and the custodian. The objective is to begin to fund some of the mandates this year.

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