In a recent press conference, the head of the Mexican pension regulator sounded various positive notes regarding cross-border-fund investing by Afores.
BlackRock strengthens retail offering in Mexico as small investors embrace funds
Sergio Mendez, BlackRock´s country manager for Mexico, sees large untapped potential in the Mexican retail market.
Mexicans’ appetite for risk has increased, according to Más Fondos-Azimut
President and deputy CEO Maria Grazia Sonzogni said the group is overweight Mexico, given it is a lagger in terms of equity valuations and appears poised for an economic rebound.
Franklin lists on GBM+ platform, applauding its success in bringing in new fund clients
Hugo Petricioli expects 2021 to be another amazing year for the mutual fund industry in Mexico, and particularly for Franklin Templeton, which has just added GBM as one of its distributors.
Jupiter AM eyes Colombia as AFPs embrace active cross-border strategies
Third-party rep Compass Group will try to repeat in Colombia its positive placement experience of the Jupiter brand in Peru.
Pension proposals of center-left primary candidates all see AFPs vanishing
Three moderate/progressive candidates square off on August 21 for a place on the presidential ballot. None seemed happy with the status quo in the pension space.
Brazilian fixed-income funds attracted more than half of new July 2021 inflows
The Brazilian mutual fund industry had net inflows of BRL 43.4 billion (USD 8.2 billion) in July 2021, bringing the year-to-date amount to BRL 296.4 billion (approximately USD 55 billion).
AFP Colfondos promotes in-house executive as new CIO
Andrés Herrera Jiménez, who has been with the firm since 2009, was appointed vice-president of investments of the pension manager.
HMC Capital seals alliance with Manulife to distribute its Asian funds
The deal has been in force since July in Peru, Colombia and Mexico, while in Chile it will start operating in October this year.
CCR Monthly Approval Report – July 2021
A total of 12 products were added in the month from ten different asset managers: Wellington, DWS, JP Morgan, Lord Abbett, PIMCO, Clearlake CP, General Atlantic, Thomas H. Lee Partner and White Oak Partners.