One of the chief missions of Pioneer in Mexico is to service the demand of the Afores, said Gustavo Lozano (photo). "We believe a natural and necessary way for Afores to diversify their international investments is with managers that are going to help them along the way."
Principal Financial Mexico names Veron leader of investment team
June 16, 2014 by
Juan Manuel Veron (photo) also joins Principal Financial Group's executive committee to strengthen the asset management area. He will command the Investment and financial-risks team.
Sprenger takes helm of Sura Mexico
June 11, 2014 by
The appointment of Chilean Pablo Sprenger as the new CEO of SURA Mexico will go into effect on July 1. Since December 2013, Sprenger had held the same post on an interim basis. In Mexico, SURA has 6.1 million clients and manages assets of USD 26.8 billion, with a market share of 14.3% in Siefore pension funds.
Flow Report – Mexican Mutual Fund Manager (OFI) Investments in Cross-Border Funds and ETFs – May 2014
June 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 May 31, 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 – May 2014
June 10, 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 May 31, 2014.
Companies mentioned in this report: Banamex; Valmex; Sura; BBVA; Santander; Actinver; Scotia; Principal; Ixe; Inbursa; GBM; HSBC; Compass; Skandia; Interacciones; Franklin; Templeton; Invex; Vector; Intercam; Aberdeen; 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.
Through advisory relationships, BBVA brings “the whole world” to its fund portfolio
June 6, 2014 by
"We are looking for a couple of big players – advisors – to supplement our [global] portfolio, because the key concept in our private banking is open architecture," Javier Diez Jenkins, director of wealth management and private banking at BBVA, told Fund Pro Latin America.
Actinver launches new multi-asset fund advised by NY-based alternatives shop
June 6, 2014 by
The Dinamo fund is characterized by investing in multiple asset classes (bonds, equities, commodities, real estate, etc.) and focuses on investors looking for the delicate balance between high returns and good strategies to protect capital in times of high volatility.
Invex launches fund that will follow BlackRock recommendations
June 6, 2014 by
The Mexican bank is aiming to add global flavor to its product platform for Mexican clients. The locally domiciled INVEXTK fund will follow recommendations from an active-strategy BlackRock model portfolio, composed of iShares ETFs, with tactical rebalancing performed monthly.
Performance Report – Mexican Mutual Fund Investments in Cross-Border Funds and ETFs – May 2014
June 4, 2014 by
Excel workbook detailing, over various time periods, returns of each international fund/ETF receiving investments from Mexican Mutual Funds. Data as of May 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.
Banamex: Subadvisory arrangements with global firms proving attractive to fund clients
June 2, 2014 by
Banamex has launched three subadvised funds since last year. The Asian fund is advised by BlackRock, the US fund by Franklin Templeton, and the European fund by BNP Paribas. The managers only give advice, while investment decisions are taken by Banamex and its team.
