Consar will soon be in charge of cross-border-fund approvals, replacing the Amafore

The Amafore’s vice-president, Alvaro Melendez, says he expects the change to occur toward the end of July or beginning of August 2021.

This content is reserved for our licensees.

Log In Register

Mexican pension regulator urges legislators to broaden investment regime

Abraham Vela Dib, president of the Consar, argued that the regulator should have latitude to set offshore investment limits.

This content is reserved for our licensees.

Log In Register

GBM lands investment from SoftBank to accelerate the democratization of investments in Mexico

GBM will keep investing in having the best product offering for our institutional and corporate clients, as well as building the best external advisor base in the country,” stated GBM's co-CEO Pedro de Garay Montero.

This content is reserved for our licensees.

Log In Register

Afore Azteca to boost international positions with focus on thematic investing

"We are working to select funds that give us exposure to cutting-edge trends that are currently unfolding and that will shape the way the world works tomorrow,” said Azteca's Eduardo Parra.

This content is reserved for our licensees.

Log In Register

JP Morgan AM expands its ETF business in Mexico

JP Morgan Asset Management has announced the launch of two UCITs ETFs as part of its ‘BetaBuilders’ product suite: J.P. Morgan BetaBuilders US Treasury 0–3 Months UCITS ETF – USD (acc) (BB3M N) and J.P. Morgan BetaBuilders US Treasury 0–3 Months UCITS ETF – MXN Hedged (MB3M N).

This content is reserved for our licensees.

Log In Register

ESG funds in Mexico present an opportunity for international asset managers

Santander CEO Jesús Mendoza del Río wants to list a global equities version of Mexico's premier ESG fund, a local equity product which launched last summer.

This content is reserved for our licensees.

Log In Register

Azimut ups bets on Mexico with fund launches and acquisition

The firm announced plans to launch three global portfolios on Mexico's BIVA exchange and took a 51% stake in local asset manager KAAN Capital.

This content is reserved for our licensees.

Log In Register

HSBC AM introduces novel global ETFs to Mexican market

HSBC's Olga de Tapia said the firm plans on hiring local talent and listing ESG fixed-income products as well as emerging Asia ETFs.

This content is reserved for our licensees.

Log In Register

Global relationships power Banorte’s surge in international fund AUM

Banorte’s Alejandro Aguilar Ceballos spoke about the firm’s many subadvisory relationships with global managers, which have helped the firm respond to retail-investor demand for diversification.

Profuturo GNP close to completing its first allocation to international mutual funds

CIO of the Afore Antonio Sibaja expects to have 40% of its international holdings allocated to active managers, and revealed that its first cross-border-fund investment is imminent.

This content is reserved for our licensees.

Log In Register