Carlos Ramírez, president of the Consar, provided Fund Pro Latin America with a time estimate on when Afore pension managers will finally be able to invest in cross-border mutual funds.
New Afore investment regime opens door to cross-border funds
January 8, 2018 by
A full rewrite of the investment regime pushed along by Consar president Carlos Ramirez was published on Friday, Jan. 5 in the Official Bulletin. We provide initial details and a first read on the potential impact for cross-border firms.
Afore XXI Banorte makes it easy for Mexican expats to save for retirement
September 15, 2017 by
XXI Banorte's Juan Manuel Valle Pereña said the Afore's alliance with uLink gives US-based Mexican expats an easy-to-navigate and easy-to-access service to make voluntary retirement contributions from any device or computer.
Afore redemptions from foreign equities seen as natural response to volatility
June 8, 2016 by
Afores have moved to instruments with the most favorable risk-adjusted returns in light of global volatility in both interest and exchange rates, said Carlos Noriega, president of the AMAFORE.
New Consar president receptive to adjustments in the investment regime but no hurry
March 11, 2013 by
Carlos Ramírez Fuentes, new president of the pension regulatory body, said they would continue promoting diversification and the time had come for the second generation reforms.
