After a procedure lasting two years, the British firm received USD200 million for investment in global equities. Javier Orvañanos, investment manager at Afore Banamex, said funding new mandates should not take more than a month in future.
Afore Banamex goes for two more mandates
October 5, 2012 by
About to fund the first mandate - which was won by BlackRock, Schroders and JP Morgan - Javier Orvañanos, investment manager at Afore Banamex, is now working on mandates for commodities and international securities.