Afore Sura funds mandate with Investec for USD 150 million

Luis de la Cerda, investment director, said the Afore was open to granting new mandates and to evaluating options in mutual funds when the time comes.

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Afore Sura funds its first international mandate for USD 150 million

Afore Sura has given the green light to its diversification strategy in international investments, funding a global equity mandate valued at USD 150 million. Two more mandates for a total of USD 350 million are awaiting a final go-ahead.

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Afore Sura and BlackRock agree to swap USD 200 million mandate for advisory agreement

Since investing the mandated assets in iShares global-equity ETFs would mean paying a double fees to BlackRock, Afore Sura has modified its mandate with the global firm to a no-cost advisory agreement.

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Regulators, intermediaries not worried by impact of Trump on Mexican fund industry

Edurado Flores Herrera, vice-president of Securities Supervision at Mexico's CNBV, discussed with Fund Pro Latin America the new mechanisms in place to buffer the mutual-fund clients from market-induced shocks.

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Custody issues delay Afore Sura mandate with four global firms

The pension manager hopes to fund this mandate - with Pioneer Investments, BlackRock, Investec Asset Management and Morgan Stanley - this year and will probably send a Request for Proposal (RFP) for a second mandate as well.

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