“Having cross-listed the first SPDR ETFs on the BMV in 2006, the Mexican market has remained a strategic priority for over a decade," said Kathryn Sweeney, head of SPDR Americas institutional sales.
BlackRock takes control of Citibanamex’s asset-management unit
October 1, 2018 by
Armando Senra, head of the Latin America & Iberia region for BlackRock, termed the transaction "transformative for BlackRock and the asset management industry in Mexico and the region."
GBM is link between six international managers and Mexican Afores
August 16, 2018 by
When Afore investment in mutual funds is finally permitted, "the dynamics of this market will increase significantly," Louis Viramontes, vice president of international sales at GBM, told Fund Pro Latin America.
Transamerica’s Mexican unit builds out product platform
August 1, 2018 by
Akaan Transamerica wants to take on the big players in the Mexican market, not only in wealth management, but also fund management, brokerage and insurance.
Actinver adds another third-party manager, naming subadvisor to global multi-asset fund
August 1, 2018 by
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.
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.
Franklin preps ETFs for Mexican retail and institutional segments
June 19, 2018 by
Franklin is introducing a line of ETFs that includes passive and Smart Beta strategies. Demand for these instruments has been high, says Jennifer M. Johnson, president and COO.
JP Morgan is latest to list ETFs in Mexico
June 12, 2018 by
ETFs from global firms have flooded the market, providing investors with diversification options as the country heads toward July elections. Vanguard, Principal, Franklin Templeton, First Trust, Van Eck and Amundi have all listed funds in recently.
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.
