Tracking the Activities of Global Asset Managers in Latin America
Excel workbook detailing, over various time periods, asset totals, inflows and affiliate trends among Mexican Afores. Data as of June 30, 2021.
Companies mentioned in this report: XX Banorte; Citibanamex; Sura; Profuturo GNP; Principal; Invercap; PensionISSSTE; Inbursa; Coppel; Metlife; Azteca; Afirme Bajío.
The Amafore’s vice-president, Alvaro Melendez, says he expects the change to occur toward the end of July or beginning of August 2021.
Abraham Vela Dib, president of the Consar, argued that the regulator should have latitude to set offshore investment limits.
"We are working to select funds that give us exposure to cutting-edge trends that are currently unfolding and that will shape the way the world works tomorrow,” said Azteca's Eduardo Parra.
Santander CEO Jesús Mendoza del Río wants to list a global equities version of Mexico's premier ESG fund, a local equity product which launched last summer.
Excel workbook detailing, over various time periods, asset totals, inflows and affiliate trends among Mexican Afores. Data as of March 31, 2021.
Companies mentioned in this report: XX Banorte; Citibanamex; Sura; Profuturo GNP; Principal; Invercap; PensionISSSTE; Inbursa; Coppel; Metlife; Azteca; Afirme Bajío.
CIO of the Afore Antonio Sibaja expects to have 40% of its international holdings allocated to active managers, and revealed that its first cross-border-fund investment is imminent.
As Vanguard looks to capture assets from Mexican Afores in both its ETFs and active funds, country manager Juan Hernandez spoke of the firm’s competitive advantages in this unique market.
Excel workbook detailing, over various time periods, asset totals, inflows and affiliate trends among Mexican Afores. Data as of December 31, 2020.
Companies mentioned in this report: XX Banorte; Citibanamex; Sura; Profuturo GNP; Principal; Invercap; PensionISSSTE; Inbursa; Coppel; Metlife; Azteca; Afirme Bajío.
"We will have a local expert helping us make better investment decisions and adding alpha to our clients' portfolios," said SURA's Andrés Moreno.
