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.
Afore Sura funds mandate with Investec for USD 150 million
January 29, 2018 by
Luis de la Cerda, investment director, said the Afore was open to granting new mandates and to evaluating options in mutual funds when the time comes.
New listings bring Deutsche’s ETF offering in Mexico to 30 products
January 29, 2018 by
"Deutsche is always looking for ways to provide investors efficient access to worldwide markets through strategies that best fit their investment needs, says Deutsche's Salvador Gomez.
BlackRock-Banamex tie-up in Mexico promises to upend the market
January 16, 2018 by
Who wins and who loses when BlackRock takes over CitiBanamex's asset management operation in Mexico?
With holy grail in reach, cross-border managers urge respect for process in Mexico
January 15, 2018 by
While preaching patience, Natixis's Mauricio Giordano told Fund Pro Latin America that Afores could potentially make their first cross-border-fund investments in the second half of 2018.
Vanguard names sales executives to Mexican team
January 15, 2018 by
Among the hires was sales consultant Denise Casellas, formerly with Sura Asset Management and Santander Asset Management.
New Afore investment regime opens door to cross-border funds
January 8, 2018 by
A full rewrite of the investment regime pushed along by Consar president Carlos Ramirez was published on Friday, Jan. 5 in the Official Bulletin. We provide initial details and a first read on the potential impact for cross-border firms.
WisdomTree boosts ETF range in Mexico
December 14, 2017 by
"We continue to see increased interest in ETFs, given the structural benefits and convenient exposure to important asset classes," said CEO Jonathan Steinberg.
VanEck adds tax-friendly UCITS to Mexico offering
December 6, 2017 by
“Since launching our first UCITS ETF in 2015, we have seen increasing investor interest in Mexico," noted Eduardo Escario, regional director at VanEck.
AllianceBernstein says Mexico among “most promising” markets in the region
December 4, 2017 by
AllianceBernstein, fresh off winning an Afore mandate, is ready to expand its operations in Mexico. It is actively seeking other mandates while deepening ties to the retail segment, according to Miguel Rozensztroch, senior managing director for Latin America.
