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.
Banamex: Subadvisory arrangements with global firms proving attractive to fund clients
June 2, 2014 by
Panel recommendation on AFP benchmarks could force additional offshore allocations
June 2, 2014 by
A committee of experts is set to opine on how to set minimum-return benchmarks, and also weigh in on the government's proposal to stimulate the outflow of dollars by encouraging additional cross-border exposure on the part of the AFPs.
Citi Survey: Hedge fund assets to double to USD 5.8 trillion by 2018
June 2, 2014 by
In addition to offering more access to retail investors and creating customized solutions for institutional investors, hedge fund firms are increasingly engaging investors in an advisory capacity to support their clients’ overall portfolio, and expanding into functions beyond their traditional role as just asset managers.
Horizons and FiduBogotá launch an ETF that tracks S&P Colombia Select Index
June 2, 2014 by
Howard Atkinson (photo) claimed the new ETF offers low-cost exposure to a more diversified index than other currently available Colombian benchmarks.
Regional Mutual Fund Managers Industry Statistics – March 2014
May 30, 2014 by
Excel workbook detailing, over various time periods, mutual fund industry asset growth by managers. Data as of March 31, 2014.
Companies mentioned in this report: Pellegrini; Galicia Adm. De Fondo; Schroders; Banco do Brasil; Itaú Unibanco; Bradesco; Banchile; Santander; BCI; BBVA Bancomer; Banamex; Credifondo; BBVA Fondos; Scotia Perú; Interfondo; Bancolombia; Bogotá and others.
League Table – Assets Gathered by Latin American Pension Fund Managers – March 2014
May 29, 2014 by
This league table provides a ranking of Latin American Pension Fund Managers, domiciled in Chile, Colombia, Costa Rica, Dominican Republic, Mexico, Peru and Uruguay by AUM. It also includes annual growth/loss and percentage change. Data as of March 31, 2014.
Companies mentioned in this report: Sura; Metlife; Principal; Habitat; Banorte; Grupo Aval; Banamex; Scotiabank; Profuturo GNP; BCP; Invercap; PensionISSSTE; Inbursa; Coppel; Banco República; Planvital; Skandia; BPDC; Modelo; Itaú Unibanco; Banco Popular; Banco Azteca; Banco Nacional; BCR; BHD; Bandes; Vida Plena; BanReservas; BAC; CCSS-OPC; Banco General; BanVivienda; Romana.
March was iShares month in the Colombian pension fund market
May 28, 2014 by
Emerging-markets- and European-equity oriented products led the preferences of AFP portfolio managers, receiving USD 360 million and USD 185 million, respectively in the month.
Pension managers replace equity with mutual funds and ETFs
May 28, 2014 by
Local experts point to disappointing results in Brazilian equities and attractive opportunities in global mid-cap companies that target the consumer sector.
Most multifamily offices exempt from onerous registration requirements
May 28, 2014 by
It is estimated that multifamily offices manage about USD 3 billion, approximately 10% of the amounts managed by traditional single family offices, belonging to the richest families in Chile.
Colombian Mutual Fund Managers Industry Statistics – March 2014
May 28, 2014 by
Excel workbook detailing, over various time periods, mutual fund industry asset growth by managers. Data as of March 31, 2014.
Companies mentioned in this report: Bancolombia; Bogotá; Credicorp Capital; Cititrust; Alianza, Corredores Asociados; Fiducor; Davivienda; Corficolombia; Valores Bancolombia; BGT Pactual; BBVA; Occidente; Serfinco; La Previsora; Helm; Compañia de Profesionales de Bolsa; Acción; Popular; Skandia; Casa de Bolsa; Asesores Valores; Ultrabursatiles;Fiduagraria; CorpBanca Invest. Trust; Colmena; Colpatria; Alianza Valores; Interbolsa; Central; Gestión; SEAF Colombia; Sevitrust GNB Sudameris; Seguridad; Fiducoidex; Progesion; Global Securities; Correval; Colseguros; Petrolera; País; Acciones y Valores; AFIN; Sevivalores GNB Sudameris; Compass Group; Asesoría e Inversiones; Davivalores; HSBC; Acciones de Colombia; Fiducafe; Sudamericana; Proyectar Valores.
