Vanguard to register mutual funds for sale to Mexican Afores

With Afores getting the OK to diversify out of ETFs, Vanguard's local office, under Juan Hernandez, is listing cross-border mutual funds for sale to the pension managers.

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Vanguard names sales executives to Mexican team

Among the hires was sales consultant Denise Casellas, formerly with Sura Asset Management and Santander Asset Management. 

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Vanguard sees cost competition aiding its AUM growth in Mexico

“In recent years our clients have told us they like Vanguard's low-cost quality offering, but they wanted more presence and a closer relationship with us," said Juan Manuel Hernández, and ex-BlackRock and iShares executive named to head Vanguard's first Mexico City office.

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