Emilio Bertrán, director of portfolios and mandate development manager, expects the mandate for a total of USD700 million to be funded in six or seven months.
Axel Christensen named Chief Investment Strategist for BlackRock in Latin America and Iberia
He will provide asset allocation advice and customized BlackRock model portfolios to better meet the needs of clients throughout the region.
Sura to distribute 66 BlackRock funds to non-institutional clients
The partnership will strengthen its open architecture model for fund sales. The U.S. firm is also pinning its hopes on potential growth in the retail segment.
BlackRock to buy Credit Suisse ETF arm
Upon completion of the deal iShares – BlackRock’s ETF arm – will run 264 ETFs with USD157.6 billion.
Credit Suisse to sell European ETF business
Credit Suisse Group has put its USD17.2 billion European exchange-traded fund business up for sale.
Afore Banamex goes for two more mandates
About to fund the first mandate - which was won by BlackRock, Schroders and JP Morgan - Javier Orvañanos, investment manager at Afore Banamex, is now working on mandates for commodities and international securities.
iShares lists new ETFs in the SIC and expects more international exposure by Afores
BlackRock has USD8,000 billion in assets under management through cross-listed iShares in the SIC. Pension funds managed by Afores are still the largest investor.
Before Afores can invest in mutual funds the regulations need surgery
The regulations on mutual fund operations and Afores investments in Mexico do not match, which means there is no viable possibility of investing in these vehicles.
Afore Banamex to be first to operate mandates in Mexico
In a couple of months the pension manager expects to have international equities in its Siefores and sees commodities as the next asset ready for investment.
Performance Report – Chilean AFP Investments in Cross-Border Funds and ETFs – October 2013
Excel workbook detailing, over various time periods, returns of each international fund/ETF receiving investments from Chilean AFP. Period ending October 31, 2013.