Consar chief: Afores have plenty of space to invest internationally without modifying law

In a discussion covering Afores’ international investments, Ivan Pliego revealed AUMs captured by active cross-border funds vs. global ETFs.

Will 2021 be a breakout year for active funds in Mexico? The Amafore seems to think so.

The Amafore's Alvaro Melendez predicted an uptick in allocations to active funds while emphasizing need to increase cap on international investments.

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Afore Azteca CEO: Mutual funds are a “useful and indispensable” tool

Tonatiuh Rodríguez, who previously headed Afore XXI Banorte, came to Afore Azteca with the job of growing the client base by 40% in 2018. He considers cross-border mutual funds "an indispensable though transitional tool."

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Four Mexican Afores are preparing international mandates

XXI Banorte is one of four Mexican Afores actively soliciting RFPs from global managers or planning to do so in the short term. Sergio Méndez, CIO of XXI Banorte, said the Afore will analyze proposals for Asian and US mandates in October, and fund them by the end of the year.

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Afores boosted their private-equity exposure to 6% in 2015

During 2015 about USD 1 billion - through 19 issues - went to market, almost double the issues logged in the previous year. A local consulting firm says that there is another USD 1.9 billion dollars in the pipeline for upcoming CKDs.

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