Berenberg's Matthias Born expects to land an allocation from the Afore industry before September. Its first approved fund invests in small-cap European equity.
Consar chief: Afores have plenty of space to invest internationally without modifying law
In a discussion covering Afores’ international investments, Ivan Pliego revealed AUMs captured by active cross-border funds vs. global ETFs.
Consar hands UCITS fund-approval responsibilities back to pension association
After a change in leadership at the CONSAR, the Amafore will again be responsible for approving international funds suitable for Afore consumption.
Consar says it’s “not standing in the way” of active-fund investing
In a recent press conference, the head of the Mexican pension regulator sounded various positive notes regarding cross-border-fund investing by Afores.
Profuturo initiates active-fund investing, incorporating four products to portfolio
“This is the first step, and we expect to launch a second group of four funds later this year,” Antonio Sibaja, Afore Profuturo's CIO, told Fund Pro Latin America.
Consar will soon be in charge of cross-border-fund approvals, replacing the Amafore
The Amafore’s vice-president, Alvaro Melendez, says he expects the change to occur toward the end of July or beginning of August 2021.
Mexican pension regulator urges legislators to broaden investment regime
Abraham Vela Dib, president of the Consar, argued that the regulator should have latitude to set offshore investment limits.
Will 2021 be a breakout year for active funds in Mexico? The Amafore seems to think so.
The Amafore's Alvaro Melendez predicted an uptick in allocations to active funds while emphasizing need to increase cap on international investments.
It’s happening! Mexican Afore first out of gate with USD 450 million cross-border fund allocation
The CIO of a top Mexican Afore sat down with Fund Pro Latin America to discuss its initial investment in cross-border funds and its future global strategy, which is very keyed in to Asia.
Pension association OKs 42 cross-border funds for purchase by Afores
The option offers an attractive alternative to mandates, allowing smaller Afores to participate in active management.