"The more we delay the fundamental reforms required by this system, the possibility of accumulating sufficient resources for the new generation of Mexicans will be reduced," warned Carlos Ramírez, president of the Consar, at a recent gathering of industry professionals.
Performance Report – Mexican Mutual Fund Investments in Cross-Border Funds and ETFs – February 2015
March 5, 2015 by
Excel workbook detailing, over various time periods, returns of each international fund/ETF receiving investments from Mexican Mutual Funds. Data as of February 28, 2015.
Companies mentioned in this report: Aberdeen; BBVA; BlackRock; BNP Paribas; EDM; Fidelity; First Trust; Franklin Templeton; Global X; Henderson; ING; Investec; iShares; JP Morgan; MFS; Morgan Stanley; Oppenheim; Pioneer; PowerShares; Principal; ProShares; Robeco; Santander; Schroders; State Street; Van Eck; Vanguard; WisdomTree.
Afore Sura makes play for voluntary savings
February 26, 2015 by
Encouraged by a 52% AUM increase in 2014, Afore Sura launched two new voluntary-investment vehicles with the aim of attracting MXP 1 billion in voluntary savings in 2015.
Experts agree: Mexican pension system in need of urgent reform
February 18, 2015 by
Experts gathered at forum hosted by Principal Investments agreed that the first generations of Mexicans who retire with their Afore accounts will not receive a decent pension. The average OECD replacement rate is 54% (pension as a percent of salary) compared with just 28.5% in Mexico.
Performance Report – Mexican Mutual Fund Investments in Cross-Border Funds and ETFs – January 2015
February 3, 2015 by
Excel workbook detailing, over various time periods, returns of each international fund/ETF receiving investments from Mexican Mutual Funds. Data as of January 31, 2015.
Companies mentioned in this report: Aberdeen; BBVA; BlackRock; BNP Paribas; EDM; Fidelity; First Trust; Franklin Templeton; Global X; Henderson; ING; Investec; iShares; JP Morgan; MFS; Morgan Stanley; Oppenheim; Pioneer; PowerShares; Principal; ProShares; Robeco; Santander; Schroders; State Street; Van Eck; Vanguard; WisdomTree.
Mexican Pension Fund Industry Statistics – December 2014
January 26, 2015 by
Excel workbook detailing, over various time periods, asset totals, inflows and affiliate trends among Mexican Afores. Data as of December 31, 2014.
Companies mentioned in this report: XX Banorte; Banamex; Sura; Profuturo GNP; Principal; Invercap; PensionISSSTE; Inbursa; Coppel; Metlife; Azteca; Afirme Bajío.
Performance Report – Mexican Mutual Fund Investments in Cross-Border Funds and ETFs – December 2014
January 7, 2015 by
Excel workbook detailing, over various time periods, returns of each international fund/ETF receiving investments from Mexican Mutual Funds. Data as of December 31, 2014.
Companies mentioned in this report: Aberdeen; BBVA; BlackRock; BNP Paribas; EDM; Fidelity; First Trust; Franklin Templeton; Global X; Henderson; ING; Investec; iShares; JP Morgan; MFS; Morgan Stanley; Oppenheim; Pioneer; PowerShares; Principal; ProShares; Robeco; Santander; Schroders; State Street; Van Eck; Vanguard; WisdomTree.
Amafore: Afores will be managing USD 300 billion in 2020
December 10, 2014 by
With projections based on current conditions of the Retirement Savings System - i.e. a 6.5% compulsory contribution and 49.6% investment placed in government debt - the Afores are expected to reach net assets of MXP 4.3 trillion (USD 295 billion) by the end of 2020.
Performance Report – Mexican Mutual Fund Investments in Cross-Border Funds and ETFs – November 2014
December 3, 2014 by
Excel workbook detailing, over various time periods, returns of each international fund/ETF receiving investments from Mexican Mutual Funds. Data as of November 30, 2014.
Companies mentioned in this report: Aberdeen; BBVA; BlackRock; BNP Paribas; EDM; Fidelity; First Trust; Franklin Templeton; Global X; Henderson; ING; Investec; iShares; JP Morgan; MFS; Morgan Stanley; Oppenheim; Pioneer; PowerShares; Principal; ProShares; Robeco; Santander; Schroders; State Street; Van Eck; Vanguard; WisdomTree.
Natixis Global names Schroder exec to top post at new Mexican office
November 26, 2014 by
Natixis named as its managing director for Mexico Mauricio Giordano, an executive that had up until August 2014 been working in the business analysis and implementation area at Schroders, a firm that has led the way in successfully securing global mandates from the Afores.
