Mexico's largest pension manager says it will use its entire 20% international allocation to gain exposure to foreign equities, in part via ETFs and in part via mandates.
Sura: Afores need to expand foreign investments
July 24, 2014 by
Enrique Solórzano (photo), head of investments at Afore Sura, said that the Siefores representing younger people should adopt the investment models of countries such as Chile and Peru, which allow a higher rate of investment in equity than in bonds, as a means of increasing returns.
League Table – Assets Gathered by Cross-Border Managers & ETFs Sponsors – Mexican OFI Market – June 2014
July 22, 2014 by
Excel workbook detailing assets gathered by cross-border fund managers and ETFs sponsors in the Mexican mutual funds market (OFIs). Also includes monthly inflows / outflows and market share. Data as of June 30, 2014.
Companies mentioned in this report: iShares; Vanguard; Aberdeen; State Street; Schroders; MFS; Franklin Templeton; BlackRock, Principal; Hederson; PowerShares, JP Morgan; EDM; BNP Paribas; Robeco;BBVA; First Trust; Van Eck; Santander; Oppenheim Pramerica; Pioneer; WisdomTree; Investec; Fidelity; Global X; PIMCO; ING; Actinver; Banamex; BBVA; Compass; Franklin Templeton; GBM; HSBC; Interacciones; Intercam; Invex; Ixe; Principal; Santander; Scotia; Sura; Valmex; Vector; Old Mutual.
Mexican Pension Fund Industry Statistics – June 2014
July 22, 2014 by
Excel workbook detailing, over various time periods, asset totals, inflows and affiliate trends among Mexican Afores. Data as of Junes 30, 2014.
Companies mentioned in this report: XX Banorte; Banamex; Sura; Profuturo GNP; Principal; Invercap; PensionISSSTE; Inbursa; Coppel; Metlife; Azteca; Afirme Bajío.
Mexican Mutual Fund Industry Statistics – June 2014
July 18, 2014 by
Excel workbook detailing, over various time periods, mutual fund industry asset growth by sector and managers. Data as of June 30, 2014.
Companies mentioned in this report: Banamex; BBVA Bancomer; Santander; Banorte – Ixe; Inbursa; Actinver; Scotia Inverlat; HSBC; GBM; Nafinsa; Interacciones; Sura; Valmex; Vector; Invex; Value; Principal; Monex; Compass; Intercam; Skandia; Finaccess; Mifel; Multivalores; Valores Afirme; CI Fondos; Franklin Templeton; Ve por Más; American Express; Invercap.
Consar expects pension managers to follow Afore Banamex’s model on mandates
July 16, 2014 by
In an interview with Fund Pro Latin America, Carlos Ramirez Fuentes (photo), president of the Consar, said that "Increases in both the contribution rate and the foreign investment limit are important changes to be discussed," adding, "we are concentrating a lot of risk in one basket by leaving 80% of savings in a single country."
First XXI Banorte mandate to be funded in November; more to follow
July 16, 2014 by
Mexico's largest pension fund has a short list of four managers ready for a second mandate, this time in commodities. In this article, CIO Ignacio Saldaña (photo) reveals how many more mandates the firm has lined up, as well as the percentage of total AUM it plans to allocate to global managers.
Flow Report – Mexican Mutual Fund Manager (OFI) Investments in Cross-Border Funds and ETFs – June 2014
July 11, 2014 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 June 30, 2014.
Companies mentioned in this report: Aberdeen; Axa; BBVA; BlackRock; BNP Paribas; EasyETF; EDM; Fidelity; First Trust; Franklin Templeton; Global X; Henderson; ING; Investec; iShares; JP Morgan; MFS; Morgan Stanley; Oppenheim Pramerica; Pioneer; PowerShares; Principal; ProShares; Robeco; Santander; Schroder; State Street; Van Eck; Vanguard; WisdomTree; Actinver; Banamex; BBVA; Compass; GBM; HSBC; Inbursa; Interacciones; Intercam; Ixe ; Principal; Santander; Old Mutual; Valmex; Vector; Franklin Templeton; Scotia; Invex; Sura.
Holdings Report – Mexican Mutual Fund Manager (OFI) Investment in Cross-Border Mutual Funds and ETFs – Jun 2014
July 9, 2014 by
Excel workbook detailing Mexican mutual fund allocations to global fund managers. Includes names of all funds as well as amounts invested in each. Also included is a breakdown of offshore allocations by asset class. Data as of June 30, 2014.
Performance Report – Mexican Mutual Fund Investments in Cross-Border Funds and ETFs – June 2014
July 2, 2014 by
Excel workbook detailing, over various time periods, returns of each international fund/ETF receiving investments from Mexican Mutual Funds. Data as of June 30, 2014.
Companies mentioned in this report: Aberdeen; BBVA; BlackRock; BNP Paribas; EDM; Fidelity; First Trust; Franklin Templeton; Global X; Henderson; ING; Investec; iShares; JP Morgan; MFS; Morgan Stanley; Oppenheim; Pioneer; PowerShares; Principal; ProShares; Robeco; Santander; Schroders; State Street; Van Eck; Vanguard; WisdomTree.
