BNP Paribas Investment Partners maintains its high expectations for the Mexican market over the long term and in January launched its family of Ciclos de Vida funds targeted at institutional clients.
Afore Sura CEO commits to funding first mandate in Q1
January 25, 2017 by
Pablo Sprenger told Fund Pro Latin America he is confident about the growth of the Mexican businesses, especially mutual funds and the Afore, which is ready to fund its first mandate in the first quarter of 2017, after many delays.
Mexican Pension Fund Industry Statistics – December 2016
January 24, 2017 by
Excel workbook detailing, over various time periods, asset totals, inflows and affiliate trends among Mexican Afores. Data as of December 31, 2016.
Companies mentioned in this report: XX Banorte; Banamex; Sura; Profuturo GNP; Principal; Invercap; PensionISSSTE; Inbursa; Coppel; Metlife; Azteca; Afirme Bajío.
XXI Banorte plans early 2017 RFP
December 9, 2016 by
XXI is the most active Afore in terms of international mandates, having announced a USD 150 million mandate with Pioneer, new disbursements in its European mandate with BlackRock and Schroders, and, according to CIO Sergio Méndez, an upcoming RFP in early 2017.
Afores’ reluctance to diversify confounds regulator
November 17, 2016 by
"There is underutilization of investment limits on nearly all fronts," said Carlos Ramírez, president of the Afore regulatory body. He cited underutilization of equity limits, as well as the minor positions of the Afores in foreign securities.
Mexican Pension Fund Industry Statistics – September 2016
October 20, 2016 by
Excel workbook detailing, over various time periods, asset totals, inflows and affiliate trends among Mexican Afores. Data as of September 30, 2016.
Companies mentioned in this report: XX Banorte; Banamex; Sura; Profuturo GNP; Principal; Invercap; PensionISSSTE; Inbursa; Coppel; Metlife; Azteca; Afirme Bajío.
Afore Banamex ready to fund Asian mandates
October 5, 2016 by
Rodrigo Blancas, Afore Banamex's international equity portfolio manager, told Fund Pro Latin America that the funding to four global managers will total USD 500 and USD 600 million for the Asian market and will take place in October.
Mexican Pension Fund Industry Statistics – June 2016
July 19, 2016 by
Excel workbook detailing, over various time periods, asset totals, inflows and affiliate trends among Mexican Afores. Data as of June 30, 2016.
Companies mentioned in this report: XX Banorte; Banamex; Sura; Profuturo GNP; Principal; Invercap; PensionISSSTE; Inbursa; Coppel; Metlife; Azteca; Afirme Bajío.
Afore redemptions from foreign equities seen as natural response to volatility
June 8, 2016 by
Afores have moved to instruments with the most favorable risk-adjusted returns in light of global volatility in both interest and exchange rates, said Carlos Noriega, president of the AMAFORE.
Responding to calls for transparency, Consar provides more details on Afore investment strategies
May 26, 2016 by
In an interview with Fund Pro Latin America, the head of the Afore association defended the lack of access to pension fund portfolios, citing the competitive operating environment in which the Afores operate.
