The product is for clients in private asset management, operated by BBVA Bancomer. Franklin Templeton will act as advisor on portfolio management. The target is to reach USD100 million in assets.
Heyman y Asociados joins forces with Franklin Templeton in Mexico
April 23, 2013 by
The Heyman team will provide investment management services through Franklin Templeton Servicios de Asesoría Mexico, a new institutional investment management subsidiary, of which Timothy Heyman will become CEO.
CNBV plans to facilitate creation of investment funds
April 4, 2013 by
Andrés Rodríguez, deputy director general of the Investment Management Department of the CNBV, said the corporate structure under which an investment fund is set up could be adapted.
Consar: flexibility is key to achieving the objective of better pensions
April 4, 2013 by
Sergio Rodríguez, director general of Financial Planning and Economic Studies of the regulator, says his agency is planning to extend the 20% limit on foreign securities, and that flexibility is the key to long-term thinking on the system.
New Consar president receptive to adjustments in the investment regime but no hurry
March 11, 2013 by
Carlos Ramírez Fuentes, new president of the pension regulatory body, said they would continue promoting diversification and the time had come for the second generation reforms.
Franklin Templeton sees an opportunity in Mexico
February 4, 2013 by
Company executives visited the country and were cautiously optimistic about signs of opening in the pension and investment fund sector.
Afores sector faces three challenges, Amafore says
January 30, 2013 by
International investment, the level of contributions and coverage are among priority topics. The regulator’s role is crucial for a real effort to deal with them and continue the evolution of the pension system in Mexico.
Compass Group sees a sluggish 2013 for funds
December 13, 2012 by
According to Luis Palacios, the group’s institutional sales director, important regulatory constraints will hold back growth in the sector.
Merger of Afore XXI with Afore Banorte could lead to extension of limits for foreign investment
December 13, 2012 by
XXI-Banorte will be the largest Afore which could be too big for the Mexican market, and there is also an obvious need for the regulator to extend the foreign asset investment limit.
BBVA Sells Mexico Pension Fund to Banorte, IMSS for USD1.6 Billion
November 28, 2012 by
Grupo Financiero Banorte and Mexico’s Social Security Institute, known as IMSS, will each pay half of the price for the Afore Bancomer unit.
