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.
With holy grail in reach, cross-border managers urge respect for process in Mexico
First Trust boosts to 11 its ETF offering in Mexico, targeting Afore pension funds
“The evolution of the Mexico pension system has been remarkable to watch," says First Trust's Codie Sanchez,
Afore redemptions from foreign equities seen as natural response to volatility
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
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.
Actinver launches ETF to capture investor interest in MILA
"We want to stimulate the tracker business because it has huge potential in Mexico," Alonso Madero Rivero, investment director of Actinver Corp., told Fund Pro Latin America.
Amafore seeks more active role in processes and self-regulation
Carlos Noriega (photo) said the pension manager association is proposing, along with other missions, it be more involved in pre-approving ETFs for their eventual sale to Afores, a task currently in the wheelhouse of the pension regulator, the Consar.