Valmex’s Luis Lozano said the voluntary pension market is a solution for those with higher income, “who are not fully covered under the traditional and obligatory pension market.”
Tracking the Activities of Global Asset Managers in Latin America
Valmex’s Luis Lozano said the voluntary pension market is a solution for those with higher income, “who are not fully covered under the traditional and obligatory pension market.”
"In countries where Principal is present, we are dedicated to management of resources for retirement and we believe there is a great potential in Mexico,” says the firm's Luis Lozano,
The manager launched the conservative Lifestyle "Traditional" fund to cater to conservative investors who "still get a bit nervous with the mix of 80% debt and 20% equity" said the firm's Luis Lozano.
Principal Fondos de Inversion this spring launched two new global funds - one a feeder and the other subadvised - to meet the investment needs of capital repatriated in 2017, said the firm's Luis Lozano.
Repatriation of some MXP 100 billion, driven by the government decree that offers tax incentives on return of undeclared capital, has benefited mutual fund operators, says Principal's Luis Lozano.
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