Banco Itau hired Alberto Mulas, Mexico’s first national housing commissioner, to lead the firm’s corporate and investment-banking expansion there.
Flow Report – Mexican Mutual Fund Manager (OFI) Investments in Cross-Border Funds and ETFs – October 2013
November 23, 2013 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. Period ending October 31, 2013.
Holdings Report – Mexican Mutual Fund Manager (OFI) Investment in Cross-Border Mutual Funds and ETFs – October 2013
November 22, 2013 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 October 31, 2013.
Mexican Mutual Fund Investments in International Funds – June 2013
July 17, 2013 by
Excel workbook detailing Mexican mutual fund allocations to global fund managers, over various time periods. 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, 2013.
JP Morgan to sponsor two additional PIMCO ETFs
April 17, 2012 by
The new PIMCO ETFs, PIMCO 0-5 Year High Yield Corporate Bond Index Fund (HYS) and PIMCO 25+ Year Zero Coupon US Treasury Index Fund (ZROZ), are listed on the Bolsa Mexicana de Valores in pesos and trades can be initiated through a local broker.
Afore Banamex selects three managers specializing in international equity
February 21, 2012 by
JP Morgan, BlackRock and Schroder are chosen to manage part of the Afore’s portfolio in global equities.
Sura Group in Mexico moves toward open architecture
February 16, 2012 by
In a first step, an agreement was signed with Meridian Funds (MFS) to use them as underlying asset for investments by mutual funds in global equities in Mexico.
Still unclear how the Afores will invest in mutual funds
January 17, 2012 by
Despite the new memorandum issued by the Consar, Afores and fund managers are still not sure how mutual funds can be included in investment portfolios. Investments will not be allowed in local funds, only international.
This year could see a number of specialized mandates contracts in Mexico
January 5, 2012 by
Consar has defined the parameters and clarified the rules. Hugo Petricioli of Franklin Templeton and Sergio Mendez of Afore XXI believe the roles of valuers and custodians will be defined as the Afores start the mandates processes.
Flexibility and adaptability are Schroders’ keys for achieving the first Afore funding
September 22, 2013 by
Alberto Delezé, head of distribution, said the potential market for mandates is brutally big and very interesting for any manager. It should eventually result in a more open investment regime and further easing of regulations.
