President and deputy CEO Maria Grazia Sonzogni said the group is overweight Mexico, given it is a lagger in terms of equity valuations and appears poised for an economic rebound.
Azimut ups bets on Mexico with fund launches and acquisition
The firm announced plans to launch three global portfolios on Mexico's BIVA exchange and took a 51% stake in local asset manager KAAN Capital.
Azimut sets up Chilean distribution arm backed by European fund offering
Azimut, headed by Alejandro Citterio in Chile, arrives precisely at a time when institutionals are increasing their positions in Europe and looking for opportunities in different sectors and asset classes. A look at AZ Andes' Latin American distribution strategy.
With backing of Azimut, Más Fondos is set to add a line of proprietary funds
Backed by the new mutual-fund regulations in Mexico, Mexican fund supermarket Más Fondos is primed to launch its own line of four proprietary funds. The conservative target is to end 2019 with just under US 1 billion in AUMs.