Banamex has many locally-domiciled mutual funds on the private-banking platform that utilize subadvisory agreeements with global managers. It has a US equity fund subadvised by Templeton, a European equity fund subadvised by BNP Paribas, and an Asian equity fund subadvised by BlackRock.
S&P Dow Jones teams with local partner to launch Mexican government-bond indices
February 11, 2014 by
S&P Dow Jones Indices has licensed the S&P/Valmer Mexico Government Bond Indices to BlackRock, to be utilized as the basis of their ETFs currently available on the Mexican Stock Exchange
Performance Report – Mexican Mutual Fund Investments in Cross-Border Funds and ETFs – January 2014
February 7, 2014 by
Excel workbook detailing, over various time periods, returns of each international fund/ETF receiving investments from Mexican Mutual Funds. Period ending January 31, 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; Santanders; Schroder; State Street; Van Eck; Vanguard; WisdomTree.
Van Eck Global adds two Market Vectors ETFs to Mexican offering
February 3, 2014 by
Two fixed-income ETFs were added to the long list of 32 products that Van Eck can offer to Mexican pension and and mutual-fund managers through the local stock exchange. Deutsche Securities will act as local sponsor.
Mexican Pension Fund Industry Statistics – December 2013
January 31, 2014 by
Excel workbook detailing, over various time periods, asset totals, inflows and affiliate trends among Mexican Afores. Data as December 2013.
Companies mentioned in this report: XX Banorte; Banamex; Sura; Profuturo GNP; Principal; Invercap; PensionISSSTE; Inbursa; Coppel; Metlife; Azteca; Afirme Bajío.
Cross-border investment by Mexican mutual funds hits record levels
January 29, 2014 by
Total cross-border investment for Mexican mutual funds reached USD 4.5 billion in 2013. In the process, active managers Franklin Templeton, BNP Paribas, BlackRock, Pioneer Investment, Henderson, JP Morgan and Robeco have successfully landed allocations. Latin Asset Management projects that Mexican fund managers will steer a considerable amount to cross-border instruments in the next five years, creating an interesting alternative to the slow-moving Afore mandate segment.
Exclusive: XXI Banorte selects managers for European mandate
January 27, 2014 by
In an interview with Fund Pro Latin America, the Afore, Mexico's largest with USD 42 billion in assets under management, shared the names of the two winning firms, and said it would allocate up to USD 250 million to each firm. Meanwhile, the pension manager also said selection of a custodian was not yet finalized and that another RFP was being readied. View article for full details.
League Table – Assets Gathered by Cross-Border Fund Managers and ETFs Sponsors – Mexican Mutual Fund Market (OFI) – December 2013
January 27, 2014 by
Excel workbook detailing inflows / outflows of Mexican managers mutual funds into international managers funds and ETFs Sponsor. Includes ranking by asset. Period ending December 31, 2013.
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; Proshares; Fidelity; Global X; PIMCO; ING; Morgan Stanley; United States Commodity Fund; EasyETF.
Mexican Mutual Fund Industry Net New Investments (NNI) Report – December 2013
January 21, 2014 by
Excel workbook detailing net new investments (NNI) of all locally registered Mexican mutual funds, asset managers and industry sectors. Also includes monthly and year to date NNI data by asset class, region, sector and manager by sector. Data as of December, 2013.
Companies mentioned in this report: Actinver; Banamex; Banorte - Ixe; BBVA Bancomer; Compass; Finaccess; Finamex; GBM; HSB; Inbursa; Interacciones; Intercam; Invex; Mifel; Monex; Multivalores; Nafinsa; Principal; Santander; Schroders; Scotia; Skandia; Sura IM; Franklin Templeton; Valmex; Valores Afirme; Value; Vanguardia; Ve por Más; Vector.
Prudential names Ezequiel Rodriguez head of Mexico
January 20, 2014 by
Rodriguez, whose appointment is effective immediately, is based in Mexico City, reports to Alfonso Munk, managing director and head of Latin America.
