Afores are eagerly awaiting the launch of the Fibra E and CerPIs, the two new structured instruments proposed by the Mexican President Enrique Peña Nieto, said Carlos Noriega, CEO of the Mexican Association of Retirement Fund Managers.
Afores anxious to participate in new alternatives vehicles proposed by Executive branch
November 13, 2015 by
BTG Pactual sets sights on local asset management in Mexico
November 4, 2015 by
The firm, which has focused mostly on brokerage since its arrival in March of 2014, will expand its operations in Mexico to private banking and fund management, under the direction of Guillermo Ortiz Martínez, ex-governor of the Bank of Mexico.
Latin America pummelled by Deutsche Bank consolidation
November 4, 2015 by
It remanins unclear what will become of Deutsche's custody businesses in Argentina and Mexico, where it serves as custodian for locally-traded instruments such as funds, ETFs and securities.
Scotia enlists BlackRock as subadvisor of global FX fund in Mexico
October 23, 2015 by
Ernesto Diez, CEO of Scotia Fondos, said the Canadian firm's strategy is to offer clients integrated solutions so they can adequately diversify their investments, either working with in-house managers or third parties.
BlackRock completes acquisition of Mexican infrastructure investment firm
October 14, 2015 by
This acquisition of Infraestructura Institucional, a specialist in transportation, energy and social infrastructure, is another step towards establishing BlackRock’s infrastructure investment capabilities in Latin America.
Franklin adds to Mexican fund lineup in fixed-income segment
October 6, 2015 by
Hugo Petricioli, the Franklin's director and country manager in Mexico, said the launch would expand its product line and make "our investment strategies available to more investors."
Afores join forces with Canadian investor to fund Mexican infrastructure projects
October 1, 2015 by
CDPQ, whose president is Michael Sabia (photo) and the consortium of Mexican Afores plan to commit about USD 1 billion each to the venture. CDPQ will hold a 51% interest, with Afores XXI Banorte, Sura, Banamex, Pensionissste and infrastructure fund Fonadin holding the rest.
With backing of Azimut, Más Fondos is set to add a line of proprietary funds
September 18, 2015 by
Backed by the new mutual-fund regulations in Mexico, Mexican fund supermarket Más Fondos is primed to launch its own line of four proprietary funds. The conservative target is to end 2019 with just under US 1 billion in AUMs.
Deutsche Asset & Wealth makes Mexican private-banking hire
September 18, 2015 by
Pascal Landrove has many years of private-banking experience in the region, serving as Mexican managing director of Swiss-owned Lombard Odier and also as Latam relationship manager at UBS.
Vibrant, agile Mexican fund industry in sight thanks to streamlined regulations
September 1, 2015 by
"There was a lot of very tedious bureaucracy in the past, but now the creation and operation of funds will be much smoother," says Eduardo Flores Herrera (photo) of Mexico's CNBV.
