Led by Salvador Moreno Segura, AXA's staff also includes Salvador Galindo Cuspinera (formerly of the local operation of Sura Investment Management) as designer of fund portfolios and head of the local investment team.
Responding to calls for transparency, Consar provides more details on Afore investment strategies
May 26, 2016 by
In an interview with Fund Pro Latin America, the head of the Afore association defended the lack of access to pension fund portfolios, citing the competitive operating environment in which the Afores operate.
Afores scaled back their foreign exposure in the first quarter
May 13, 2016 by
Turbulence in the first quarter forced Afores to refocus their investment portfolios toward strategies that give them higher returns and minimize volatility, BlackRock's Juan Hernández told Fund Pro Latin America.
Actinver makes play for Afore investment with latest ETF launch
May 9, 2016 by
Speaking of Actinver's MILA ETF, investment director Alonso Madero Rivero said, "We believe Mexican Afores could be interested in this tracker because it combines the 62 largest liquid companies representative of the Pacific Alliance."
Mexico’s fund industry has grown just 9% in dollar terms the last five years
May 2, 2016 by
The 40% drop in the value of the Mexican peso has severely impacted results in dollar terms, while the number of investor contracts in funds has hovered around the 2 million mark.
Credit Suisse adds several UBS wealth managers to Mexico-based team
May 2, 2016 by
Under CEO Tidjane Thiam, Credit Suisse's new strategy is centered on the expansion of wealth management operations in emerging markets, including Mexico and Brazil.
Actinver launches ETF to capture investor interest in MILA
May 2, 2016 by
"We want to stimulate the tracker business because it has huge potential in Mexico," Alonso Madero Rivero, investment director of Actinver Corp., told Fund Pro Latin America.
Principal Financial has new CEO in Mexico
April 15, 2016 by
Llaneza took over in April, replacing Alejandro Elizondo who became vice-president and CEO of Principal Financial International based in Iowa.
Sura Mexico makes larger play for affluent business
April 15, 2016 by
Sura's "High-Net-Worth Plus" segment aims to attract clients based in part on personalized attention and access to international strategies, says Luis Ortiz, CEO of the voluntary business at Sura Mexico.
Mexican companies again look to fund their pensions despite loss of tax benefit
April 8, 2016 by
Old Mutual has seen a 20% fall in its private-pension business due to the removal of a tax break for plan sponsors, said Alberto Baigts, commercial director of institutional business in Mexico.
