With 55 billion in technical reserves, insurers are now allowed to invest 10% in government debt, 50% in equities, 5% in private equity funds, 25% in real estate, 20% in structured, 10% in loans and up to 20% in foreign securities listed on the SIC.
Banorte-Ixe AM: investor shift to foreign-currency funds not a passing trend
June 27, 2017 by
Demand for foreign-currency vehicles tripled in 1Q 2017, following depreciation of the peso against the dollar, according to Alejandro Aguilar, investment director of Banorte-Ixe Asset Management.
Afore XXI Banorte works to recapture lost market share
June 12, 2017 by
In just five months, under new CEO Juan Manuel Valle Pereña, Afore XXI Banorte has reversed its declining market share with the implementation of a new client-retention and recovery strategy.
WisdomTree, via Compass Group, promotes global ETF customized for Mexican Afores
June 12, 2017 by
Constructed in line with the Afores investment regime, this new WisdomTree ETF listed on the SIC of the Mexican Stock Exchange is targeted at the USD 11 billion that Mexican pension funds can still invest under the international equity limit.
Credit Suisse offers gamut of third-party onshore and offshore funds to its Mexican clients
June 5, 2017 by
Credit Suisse Mexico's Nicolas Troillet says he finds the local-fund offering lacking in variety and said the private bank will offer clients both onshore and offshore solutions to meet their diversification needs.
Lombard partners with Akaan to package solutions for Mexican HNWIs
June 5, 2017 by
Based in Mexico City, the new company will create and distribute wealth-structuring solutions using unit-linked life assurance to HNW individuals and families in Mexico, as well as Mexicans residing outside the country.
WisdomTree cross-lists seven UCITS ETFs in Mexico
May 12, 2017 by
Jonathan Steinberg, WisdomTree CEO and president, said, the listing allows "Mexican investors the option to access and invest in WisdomTree’s existing strategies in a different structure.”
Axa-advised ‘global-talent’ fund launches in Mexico
May 1, 2017 by
The multi-sector and multi-currency fund will invest in the equity of small or family businesses around the world, Rogelio Gallegos, director of equity investments at Actinver, told Fund Pro Latin America.
Mexico’s Ramirez says pensions should balance individual contributions with defined benefits
May 1, 2017 by
Also president of a group of international pension regulators, Mexican pension supervisor Carlos Ramírez, said there's a general consensus that a successful pension model should consist of a mix individually funded contributions and defined benefits.
Actinver strengthens its dollarized fund portfolio with ActiUS
April 10, 2017 by
With the aim of strengthening its portfolio of dollarized options, Actinver launched this March its new ActiUS fund of US stocks, with the advice and expertise of Morgan Stanley Investment Management.
