Carlos Ramírez, president of the Consar, provided Fund Pro Latin America with a time estimate on when Afore pension managers will finally be able to invest in cross-border mutual funds.
Mexican Pension Fund Industry Statistics – December 2017
January 26, 2018 by
Excel workbook detailing, over various time periods, asset totals, inflows and affiliate trends among Mexican Afores. Data as of December 31, 2017.
Companies mentioned in this report: XX Banorte; Banamex; Sura; Profuturo GNP; Principal; Invercap; PensionISSSTE; Inbursa; Coppel; Metlife; Azteca; Afirme Bajío.
With holy grail in reach, cross-border managers urge respect for process in Mexico
January 15, 2018 by
While preaching patience, Natixis's Mauricio Giordano told Fund Pro Latin America that Afores could potentially make their first cross-border-fund investments in the second half of 2018.
Mandate news circulates during and after Afore convention in October
November 21, 2017 by
Pensionissste, Banamex, Profuturo and Principal were the subjects of mandate news in October and November, as were global managers BlackRock, Wellington, Franklin Templeton and a pair of others.
First Trust boosts to 11 its ETF offering in Mexico, targeting Afore pension funds
October 23, 2017 by
“The evolution of the Mexico pension system has been remarkable to watch," says First Trust's Codie Sanchez,
Mexican Pension Fund Industry Statistics – September 2017
October 13, 2017 by
Excel workbook detailing, over various time periods, asset totals, inflows and affiliate trends among Mexican Afores. Data as of September 30, 2017.
Companies mentioned in this report: XX Banorte; Banamex; Sura; Profuturo GNP; Principal; Invercap; PensionISSSTE; Inbursa; Coppel; Metlife; Azteca; Afirme Bajío.
Afore XXI Banorte makes it easy for Mexican expats to save for retirement
September 15, 2017 by
XXI Banorte's Juan Manuel Valle Pereña said the Afore's alliance with uLink gives US-based Mexican expats an easy-to-navigate and easy-to-access service to make voluntary retirement contributions from any device or computer.
Principal Afore again delays rollout of first global mandate
August 14, 2017 by
Afore Principal CEO, Mariano Ugarte, said the manager would implement its first international mandate in 2018, once "the markets have calmed down," referring to the high level of volatility for the Mexican Peso since the election of Donald J. Trump.
Regulator sees life-cycle funds in Afores’ future
July 31, 2017 by
The Consar is looking to convert the rigid four-fund multifund system into something much more streamlined, which could also permit more foreign investment by the Afores.
Mexican Pension Fund Industry Statistics – June 2017
July 21, 2017 by
Excel workbook detailing, over various time periods, asset totals, inflows and affiliate trends among Mexican Afores. Data as of June 30, 2017.
Companies mentioned in this report: XX Banorte; Banamex; Sura; Profuturo GNP; Principal; Invercap; PensionISSSTE; Inbursa; Coppel; Metlife; Azteca; Afirme Bajío.
