Edurado Flores Herrera, vice-president of Securities Supervision at Mexico's CNBV, discussed with Fund Pro Latin America the new mechanisms in place to buffer the mutual-fund clients from market-induced shocks.
Regulators, intermediaries not worried by impact of Trump on Mexican fund industry
December 9, 2016 by
XXI Banorte plans early 2017 RFP
December 9, 2016 by
XXI is the most active Afore in terms of international mandates, having announced a USD 150 million mandate with Pioneer, new disbursements in its European mandate with BlackRock and Schroders, and, according to CIO Sergio Méndez, an upcoming RFP in early 2017.
Emerging-markets products sit atop Colombian AFPs’ cross-border shopping list
December 6, 2016 by
AFP exposure to emerging markets rose in September to nearly 25%, compared with only 10% in December 2015. The largest allocation for the month was for USD 136 million into Vontobel Emerging Markets Equity–I, made by a single AFP.
Chilean AFPs suffering small-scale exodus of talent
December 5, 2016 by
Jorge Valencia left AFP Habitat to join Banco Santander as head of global markets. AFPs are finding it difficult to retain executives as salaries tend to pale vs. those offered in the local asset-management market.
Pioneer snatches USD 150 million Asian mandate from XXI Banorte
December 2, 2016 by
The efforts of Pioneer's Gustavo Lozano in Mexico have helped land Pioneer two mandates (already funded) with Afore Banamex (European and Asian equity) and a third (not yet funded) with Afore Sura (global equity).
CCR Monthly Approval Report – November 2016
December 2, 2016 by
Ashmore, Eastspring, AXA, BNY Mellon, and Stone Harbor Investment were among the fund sponsors gaining approval for new products.
State Street: Reduced liquidity having higher impact on investment strategy
December 1, 2016 by
“Increased regulation and the pressure to manage costs have significantly changed market liquidity conditions,” says Lou Maiuri of State Street.
Global sponsors reinvent their international product offering in Brazil
December 1, 2016 by
“We believe that liquid alternative funds, with controlled volatility, are the path for the international fund market from now on,” says Templeton's Marcus Vinicius.
UBS says HNW investors more confident in markets post-Trump victory
December 1, 2016 by
"With the election behind us, many investors are looking ahead with a growing sense of optimism about the economy and the markets," says UBS's Paula Polito.
Brazilian equity funds reaping benefits of Ibovespa climb
December 1, 2016 by
Fueled by October’s substantial 11.2% upturn in the Ibovespa, Brazilian equity funds were atop the industry’s return rankings, also recording the industry’s highest year‐to‐date returns.
