The Vanguard FTSE BIVA Mexico Equity ETF (VMEX) tracks the country’s BIVA index, which accounts for 97% of the Mexican equity market.
State Street Global Advisors cross-lists 29 additional ETFs in Mexico
“Having cross-listed the first SPDR ETFs on the BMV in 2006, the Mexican market has remained a strategic priority for over a decade," said Kathryn Sweeney, head of SPDR Americas institutional sales.
WisdomTree boosts ETF range in Mexico
"We continue to see increased interest in ETFs, given the structural benefits and convenient exposure to important asset classes," said CEO Jonathan Steinberg.
Insurers strengthen their role as institutional investors in Mexico
With 55 billion in technical reserves, insurers are now allowed to invest 10% in government debt, 50% in equities, 5% in private equity funds, 25% in real estate, 20% in structured, 10% in loans and up to 20% in foreign securities listed on the SIC.
WisdomTree cross-lists seven UCITS ETFs in Mexico
Jonathan Steinberg, WisdomTree CEO and president, said, the listing allows "Mexican investors the option to access and invest in WisdomTree’s existing strategies in a different structure.”
Actinver launches ETF to capture investor interest in MILA
"We want to stimulate the tracker business because it has huge potential in Mexico," Alonso Madero Rivero, investment director of Actinver Corp., told Fund Pro Latin America.
Euroclear and Mexican stock exchange form venture to facilitate industry-wide fund supermarket
“Allowing Mexican investors easier access to mutual funds will improve liquidity and develop the local market,” said José Oriol Bosch, the CEO of the BMV stock exchange.
S&P Dow Jones to assume control of all Mexican Stock Exchange indices
S&P DJI will assume the marketing and commercial licensing of the BMV indices with the intent to jointly create new indices with the BMV. All current BMV indices will be co-branded S&P.
Holdings Report – Mexican Mutual Fund Manager (OFI) Investment in Cross-Border Mutual Funds and ETFs – November 2013
Excel workbook detailing Mexican mutual fund allocations to global fund managers. Includes names of all funds as well as amounts invested in each. Also included is a breakdown of offshore allocations by asset class. Data as of November 30, 2013.
Companies mentioned in this report: Banamex; Valmex; Sura; BBVA; Santander; Actinver; Scotia; Principal; Ixe; Inbursa; GBM; HSBC; Compass; Skandia; Interacciones; Franklin; Templeton; Invex; Vector; Intercam; Aberdeen; BBVA; BlackRock; BNP; Paribas; EasyETF; EDM; Fidelity; First; Trust; Franklin; Templeton; Global; X; Henderson; ING; Investec; iShares; JP; Morgan; MFS; Morgan; Stanley; Oppenheim; Pramerica; Pioneer; PowerShares; Principal; ProShares; Robeco; Santander; Schroder; State; Street; Van; Eck; Vanguard; WisdomTree.
JP Morgan to sponsor two additional PIMCO ETFs
The new PIMCO ETFs, PIMCO 0-5 Year High Yield Corporate Bond Index Fund (HYS) and PIMCO 25+ Year Zero Coupon US Treasury Index Fund (ZROZ), are listed on the Bolsa Mexicana de Valores in pesos and trades can be initiated through a local broker.