Mexicans’ appetite for risk has increased, according to Más Fondos-Azimut

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.

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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.

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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.

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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.

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Acquisition of equity manager Quest doubles Azimut’s AUM in Brazil

The transaction will substantially increase Azimut's AUM in Brazil, to USD 1.2 billion. Together, the companies will form the joint venture AZ Quest, deepening Azimut's product offering and increasing its team of professionals by more than a third.

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