FT's Hugo Petricioli said clients turned to mutual funds in 2020 in search of exchange-rate protection and higher returns via international equities.
AMLO floats bid to increase Afore contribution rate to 15%
August 26, 2020 by
The Mexican president's surprise announcement would boost contributions from the current 6.5% rate over eight years, with employers footing the bill.
Afore Citibanamex entices Kuri while Sura bets on home-grown talent
May 13, 2020 by
The former Afore Sura CEO’s new job is to work out how this retirement fund manager will take “the portfolios towards a better experience in which the client becomes the core of the investment process," Citi said in a statement.
JP Morgan Asset Management lists first hedged ETF in Mexico
May 1, 2020 by
The ETF seeks to provide a reliable beta “building block” for investors looking for a short-dated dollar-denominated government debt allocation, said JPM's Juan Pablo Medina-Mora.
It’s happening! Mexican Afore first out of gate with USD 450 million cross-border fund allocation
February 5, 2020 by
The CIO of a top Mexican Afore sat down with Fund Pro Latin America to discuss its initial investment in cross-border funds and its future global strategy, which is very keyed in to Asia.
JPM adds its name to list of managers with Afore-ready products
January 16, 2020 by
The fund – JPM US Select Equity – aims to achieve a return in excess of the US equity market by investing primarily in US companies that are selected by a research-driven investment process based on the fundamental analysis.
Pension association OKs 42 cross-border funds for purchase by Afores
September 16, 2019 by
The option offers an attractive alternative to mandates, allowing smaller Afores to participate in active management.
Franklin Templeton sees extended demand for fixed-income vehicles in Mexico
September 2, 2019 by
After a lengthy process, the firm received approval from regulators to launch a new debt product at a time of increased appetite for Mexican fixed income.
Vanguard to support BIVA with a first ETF domiciled in Mexico
April 9, 2019 by
As soon as approval is received from regulators, Vanguard will launch its first ETF domiciled in Mexico, based on the FTSE BIVA index, the fledgling Institutional Securities Exchange that began operations in 2018.
Julius Baer names UBS Mexico alum to coordinate Latam investment solutions
April 7, 2019 by
Polidura will operate from the Zurich offices of Julius Baer, which recently reinforced its activities in Mexico by increasing its global share in NSC Asesores to 70%.
