Tracking the Activities of Global Asset Managers in Latin America
Excel workbook detailing, over various time periods, returns of each international fund/ETF receiving investments from Mexican Mutual Funds. Data as of August 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.
Excel workbook detailing, over various time periods, returns of each international fund/ETF receiving investments from Mexican Mutual Funds. Data as of July 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.
Mexico's largest pension manager says it will use its entire 20% international allocation to gain exposure to foreign equities, in part via ETFs and in part via mandates.
Enrique Solórzano (photo), head of investments at Afore Sura, said that the Siefores representing younger people should adopt the investment models of countries such as Chile and Peru, which allow a higher rate of investment in equity than in bonds, as a means of increasing returns.
Excel workbook detailing, over various time periods, asset totals, inflows and affiliate trends among Mexican Afores. Data as of Junes 30, 2014.
Companies mentioned in this report: XX Banorte; Banamex; Sura; Profuturo GNP; Principal; Invercap; PensionISSSTE; Inbursa; Coppel; Metlife; Azteca; Afirme Bajío.
In an interview with Fund Pro Latin America, Carlos Ramirez Fuentes (photo), president of the Consar, said that "Increases in both the contribution rate and the foreign investment limit are important changes to be discussed," adding, "we are concentrating a lot of risk in one basket by leaving 80% of savings in a single country."
Mexico's largest pension fund has a short list of four managers ready for a second mandate, this time in commodities. In this article, CIO Ignacio Saldaña (photo) reveals how many more mandates the firm has lined up, as well as the percentage of total AUM it plans to allocate to global managers.
Includes assets gathered by cross-border fund managers in the following markets: Chilean pension funds (AFPs), mutual funds (AGFs) and life insurers, Colombian pension funds (AFPs), Mexican pension funds (Afores) and mutual funds (OFIs) and Peruvian pension funds (AFPs). Period: Three months ending March 31, 2014.
Companies mentioned in this report: Aberdeen; Franklin Templeton; Schoders; Investec; Axa; Dimensional; Vanguard; pioneer, Fidelity; JP Morgan; Robeco; Invesco; BNP Paribas; Julius Baer; BlackRock; Deutsche; BNY Mellon AM; Goldman Sachs; Pictet; Votobel; Ashmore; PIMCO; Hederson; ING; Matthews; Bluebay; Allianz; Threadneedle; MFS; Aviva Investors; Morgan Stanley; AllianceBernstein; HSBC; Edmond de Rothschild; LarrainVial; M&G; Muzinich; F&C; UBS; BTG Pactual; Janus; GAM; GLG; Alfred Berg; Amundi; TIAA-CREF; Oppenheimer; Principal; CreditSuisse; SEB; EDM; BBH; Deka; Nomura.
One of the chief missions of Pioneer in Mexico is to service the demand of the Afores, said Gustavo Lozano (photo). "We believe a natural and necessary way for Afores to diversify their international investments is with managers that are going to help them along the way."
Juan Manuel Veron (photo) also joins Principal Financial Group's executive committee to strengthen the asset management area. He will command the Investment and financial-risks team.
