In an interview with Fund Pro Latin America, the Afore, Mexico's largest with USD 42 billion in assets under management, shared the names of the two winning firms, and said it would allocate up to USD 250 million to each firm. Meanwhile, the pension manager also said selection of a custodian was not yet finalized and that another RFP was being readied. View article for full details.
BlackRock: Stocks and corporate bonds have further to run in 2014
December 10, 2013 by
BlackRock Investment Institute’s 2014 Investment Outlook, “Squeezing Out More Juice,” considers key factors — such as the gradual exit from quantitative easing in the United States, tentative signs of a (weak) European recovery, Japan’s growth plan and China’s reform agenda — and their potential to create upside surprises or unforeseen downside risks.
Colombian AFP Obligatory System Investments in Individual International Mutual Funds – September 2013
December 5, 2013 by
Chart detailing investments of Colombian AFPs in international mutual funds and international managers. Includes names of all funds as well as amounts invested in each. Also shows overall system investment in each mutual fund. Data as of September 30, 2013.
Holdings Report – Assets Gathered by Cross-Border Fund Managers and ETF Sponsors – Chilean Institutional Market -September 2013
December 4, 2013 by
Excel workbook detailing assets gathered by cross-border fund managers in the following markets: Chilean pension funds (AFPs), mutual funds (AGFs) and life insurers. Data as of September 30, 2013.
League Table – Assets Gathered by Cross-Border Fund Managers – Latin American Institutional Market – June 2013
December 2, 2013 by
Includes assets gathered by cross-border fund managers in the following markets: Chilean pension funds (AFPs), mutual funds (AGFs) and life insurers, Colombian pension funds (AFPs), Mexican pension funds (Afores) and mutual funds (OFIs) and Peruvian pension funds (AFPs). Period: Six months ending June 30, 2013.
Afore Banamex selects three managers specializing in international equity
February 21, 2012 by
JP Morgan, BlackRock and Schroder are chosen to manage part of the Afore’s portfolio in global equities.
BNY Mellon hires Latin American expert from BlackRock
February 1, 2012 by
Has named Yolanda Plaza-Charres to a newly created position as sales director for Latin America. The appointment comes on the heels of the opening last week of BNY Mellon’s first wealth management office in the Cayman Islands.
BlackRock to start managing equity and bonds for sovereign fund
January 17, 2012 by
The firm was one of the managers selected by the Central Bank to manage these assets. The portfolio should begin operating during the first quarter of the year.
The process of setting up a mandate will be more flexible
September 19, 2013 by
Consar President Carlos Ramírez said that in the future not only will it take less time to set up new mandates, but there will be more interest in using them from other Afores. No progress on mutual funds.
Afore Banamex funds its first mandate with Schroders
August 27, 2013 by
After a procedure lasting two years, the British firm received USD200 million for investment in global equities. Javier Orvañanos, investment manager at Afore Banamex, said funding new mandates should not take more than a month in future.
