The hiring of Juan Carlos Martin is expected to revitalize investments in alternative assets at Afore Citibanamex, which was recently put up for sale.
Tracking the Activities of Global Asset Managers in Latin America
The hiring of Juan Carlos Martin is expected to revitalize investments in alternative assets at Afore Citibanamex, which was recently put up for sale.
Luis Perezcano, StepStone’s senior advisor expects to issue another Afore dedicated CERPI and a fifth series of its private-banking product in the short term.
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.
Afores are eagerly awaiting the launch of the Fibra E and CerPIs, the two new structured instruments proposed by the Mexican President Enrique Peña Nieto, said Carlos Noriega, CEO of the Mexican Association of Retirement Fund Managers.
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