Banamex announces winners of USD 600 million Asian mandate

The announcement was a coup for Compass Group Mexico, which represents two of the firms that will share in the USD 600 million mandate. Rodrigo Blancas (photo), head of mandates, also revealed that it will be disbursing assets to previous winners of already-existing mandates, after many months of regulatory wrangling.

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Another mandate from Banamex, this time for USD 1 billion

As the size of pension-fund mandates grows and the pace of announcements picks up, Mexico is quickly garnering the attention of global asset managers looking for the next-best market after Chile. Banamex said it would spread this latest mandate among five distinct global players - all of which have boots on the ground in the country.

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Afore Banamex selects three managers specializing in international equity

JP Morgan, BlackRock and Schroder are chosen to manage part of the Afore’s portfolio in global equities.

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