Pioneer will advise BBVA Bancomer on managing the BBVANDQ fund, targeted at clients of investment and private banking, whose objective is to generate differential returns on the benchmark index through active management.
Transfers begin to affect pension funds’ portfolio strategy
AFPs could be looking for more liquid instruments to deal with mass changes, such as happened in April at the suggestion of a pension consultant.
Santander sells 50% of fund unit to Warburg, General Atlantic
The business was valued at about EUR2 billion, or nearly USD2.7 billion.
Idea of raising the pension contribution percentage gains ground
A state AFP is one of the proposals with most impact on presidential candidates, but would not have the support of the technical people.
Afore Sura mandate is for global equity
Emilio Bertrán, director of portfolios and mandate development manager, expects the mandate for a total of USD700 million to be funded in six or seven months.
Former Tanner manager Claudio González opens family office
González created GH Capital Invest with a target of reaching USD20 million AUM in six months of operations with private clients and companies.
Axel Christensen named Chief Investment Strategist for BlackRock in Latin America and Iberia
He will provide asset allocation advice and customized BlackRock model portfolios to better meet the needs of clients throughout the region.
BBVA Bancomer and Franklin Templeton join forces in an emerging equity fund
The product is for clients in private asset management, operated by BBVA Bancomer. Franklin Templeton will act as advisor on portfolio management. The target is to reach USD100 million in assets.
BBVA sells peruvian pension unit
The bank is selling for USD516 million its pension unit in Peru to two separate pension firms, one controlled by Colombian financial conglomerate Grupo Sura and the other by Canada's Bank of Nova Scotia.
Heyman y Asociados joins forces with Franklin Templeton in Mexico
The Heyman team will provide investment management services through Franklin Templeton Servicios de Asesoría Mexico, a new institutional investment management subsidiary, of which Timothy Heyman will become CEO.





