“Since launching our first UCITS ETF in 2015, we have seen increasing investor interest in Mexico," noted Eduardo Escario, regional director at VanEck.
Performance Report – Mexican Mutual Fund Investments in Cross-Border Funds and ETFs – November 2017
December 5, 2017 by
Excel workbook detailing, over various time periods, returns of each international fund/ETF receiving investments from Mexican Mutual Funds. Data as of November 30, 2017.
Companies mentioned in this report: BBVA; Van Eck; Santander; Aberdeen; Schroders; Guggenheim; MFS; Global X; Franklin Templeton; First Trust; Goldman Sachs; iShares; BlackRock; JP Morgan; Pioneer; WisdomTree; State Street; PowerShares; Vanguard; Man; Old Mutual; Robeco; Principal; Henderson; PIMCO; Julius Baer; Union Bancaire Privée; Fidelity; Deutsche; ProShares; Exane; Lyxor; Direxion Shares.
AllianceBernstein says Mexico among “most promising” markets in the region
December 4, 2017 by
AllianceBernstein, fresh off winning an Afore mandate, is ready to expand its operations in Mexico. It is actively seeking other mandates while deepening ties to the retail segment, according to Miguel Rozensztroch, senior managing director for Latin America.
Finaccess and Credit Suisse combine strengths to raise money among affluent in Mexico
December 4, 2017 by
The fund family was jointly designed by Finaccess and Credit Suisse, and offer access to a portfolio of strategies managed by Credit Suisse, Finaccess's Luis Cervantes told Fund Pro Latin America. Both firms distribute the products.
BlackRock to acquire asset management business of Citibanamex
November 28, 2017 by
“BlackRock’s ambition is to become a full solutions provider in key markets around the world," BlackRock's Armando Senra said. "This transaction is a big step forward in that direction in Mexico."
Citibanamex’s wealth operation sees windfall from repatriations
November 28, 2017 by
Many investors considered the amnesty that ended on October 19th as a “last call” to bring money back to Mexico at a reduced tax rate, Citibanamex's Alejandro Martínez Féres said.
Mandate news circulates during and after Afore convention in October
November 21, 2017 by
Pensionissste, Banamex, Profuturo and Principal were the subjects of mandate news in October and November, as were global managers BlackRock, Wellington, Franklin Templeton and a pair of others.
Afore Principal to evaluate mandate options in January
November 21, 2017 by
As the the pension manager looks to gain approvals to incorporate MetLife Afore into the fold, CEO Mariano Ugarte said the firm will evaluate whether to implement an already-approved external mandate in January 2018.
USD 20 billion returns to Mexican economy from repatriation
November 21, 2017 by
Mexicans took advantage of the 8% tax payment on repatriated capital to forego being subject to income tax owed on profits for each year the money was invested outside the country, said Deloitte Mexico's Luis Liñero.
Flow Report – Mexican Mutual Fund Manager (OFI) Investments in Cross-Border Funds and ETFs – October 2017
November 17, 2017 by
Excel workbook detailing inflows / outflows of Mexican mutual funds into international funds and ETFs. Includes names of all funds and ETFs as well as amounts invested in each. Data as of October 31, 2017.
Companies mentioned in this report: Aberdeen; BBVA; BlackRock; BNP Paribas; Deutsche; EDM; ETF Securities; Fidelity; First Trust; Franklin Templeton; Global X; Goldman Sachs; Guggenheim; Henderson; iShares; JP Morgan; Julius Baer; MFS; Nomura; PIMCO; Pioneer; PowerShares; Principal; ProShares; Robeco; Santander; Schroders; State Street; United States; Commodity Funds; Van Eck; Vanguard; WisdomTree; Actinver; Sura; GBM; Vector; Interacciones; Finaccess; Franklin Templeton; Compass; Intercam; Principal; Nafinsa; Old Mutual; HSBC; Scotia; Invex; Ixe; BBVA; Valmex; Santander; Banamex.
