Turbulence in the first quarter forced Afores to refocus their investment portfolios toward strategies that give them higher returns and minimize volatility, BlackRock's Juan Hernández told Fund Pro Latin America.
Mexico’s fund industry has grown just 9% in dollar terms the last five years
May 2, 2016 by
The 40% drop in the value of the Mexican peso has severely impacted results in dollar terms, while the number of investor contracts in funds has hovered around the 2 million mark.
Actinver launches ETF to capture investor interest in MILA
May 2, 2016 by
"We want to stimulate the tracker business because it has huge potential in Mexico," Alonso Madero Rivero, investment director of Actinver Corp., told Fund Pro Latin America.
Mexican Pension Fund Industry Statistics – March 2016
April 22, 2016 by
Excel workbook detailing, over various time periods, asset totals, inflows and affiliate trends among Mexican Afores. Data as of March 31, 2016.
Companies mentioned in this report: XX Banorte; Banamex; Sura; Profuturo GNP; Principal; Invercap; PensionISSSTE; Inbursa; Coppel; Metlife; Azteca; Afirme Bajío.
Sura Mexico makes larger play for affluent business
April 15, 2016 by
Sura's "High-Net-Worth Plus" segment aims to attract clients based in part on personalized attention and access to international strategies, says Luis Ortiz, CEO of the voluntary business at Sura Mexico.
Mexican Afores suffered a small drop in profits in 2015
April 8, 2016 by
Mexico's 11 Afore private-pension managers recorded net income of MXN 8.9 million (USD 516 million) in 2015, a 2% decline in local currency terms. Fee-based revenues of the managers were MXN 26.8 billion (USD 1.5 billion), an increase of roughly 5% for the year.
Afores boosted their private-equity exposure to 6% in 2015
March 7, 2016 by
During 2015 about USD 1 billion - through 19 issues - went to market, almost double the issues logged in the previous year. A local consulting firm says that there is another USD 1.9 billion dollars in the pipeline for upcoming CKDs.
Mexican Pension Fund Industry Statistics – December 2015
January 20, 2016 by
Excel workbook detailing, over various time periods, asset totals, inflows and affiliate trends among Mexican Afores. Data as of December 31, 2015.
Companies mentioned in this report: XX Banorte; Banamex; Sura; Profuturo GNP; Principal; Invercap; PensionISSSTE; Inbursa; Coppel; Metlife; Azteca; Afirme Bajío.
Afores anxious to participate in new alternatives vehicles proposed by Executive branch
November 13, 2015 by
Afores are eagerly awaiting the launch of the Fibra E and CerPIs, the two new structured instruments proposed by the Mexican President Enrique Peña Nieto, said Carlos Noriega, CEO of the Mexican Association of Retirement Fund Managers.
Mexican Pension Fund Industry Statistics – September 2015
October 21, 2015 by
Excel workbook detailing, over various time periods, asset totals, inflows and affiliate trends among Mexican Afores. Data as of September 30, 2015.
Companies mentioned in this report: XX Banorte; Banamex; Sura; Profuturo GNP; Principal; Invercap; PensionISSSTE; Inbursa; Coppel; Metlife; Azteca; Afirme Bajío.
