BlackRock takes control of Citibanamex’s asset-management unit

Armando Senra, head of the Latin America & Iberia region for BlackRock, termed the transaction "transformative for BlackRock and the asset management industry in Mexico and the region."

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BlackRock-Banamex tie-up in Mexico promises to upend the market

Who wins and who loses when BlackRock takes over CitiBanamex's asset management operation in Mexico?

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BlackRock to acquire asset management business of Citibanamex

“BlackRock’s ambition is to become a full solutions provider in key markets around the world," BlackRock's Armando Senra said. "This transaction is a big step forward in that direction in Mexico."

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Citibanamex’s wealth operation sees windfall from repatriations

Many investors considered the amnesty that ended on October 19th as a “last call” to bring money back to Mexico at a reduced tax rate, Citibanamex's Alejandro Martínez Féres said.

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Afore CitiBanamex funds USD 550 million in Asia Pacific mandates with three global firms

The successful implementation makes the mandates the first-ever targeting the Asian continent, which CitiBanamex said underscores its leadership in the implementation of innovative strategies within the retirement savings system in Mexico.

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