JP Morgan, BlackRock and Schroder are chosen to manage part of the Afore’s portfolio in global equities.
Sura Group in Mexico moves toward open architecture
In a first step, an agreement was signed with Meridian Funds (MFS) to use them as underlying asset for investments by mutual funds in global equities in Mexico.
IM Trust strengthens institutional focus with Allianz
Since the start of the year, IM Trust has been distributing Allianz’s funds in Chile, Peru and Colombia.
Foreign managers do not fear competition from local mutual funds
The Pensions Superintendency established procedures for accounting for shares which allow AFPs to use local mutual funds to invest offshore.
AFP Habitat leads Fund Pro ranking for third year in a row
In an exclusive interview, Alejandro Bezanilla, investment manager, explains the investment process and risk management of the AFP’s portfolios. Selectivity in selection of managers of international funds and liquidity for meeting transfers are key factors.
Flexibility and adaptability are Schroders’ keys for achieving the first Afore funding
Alberto Delezé, head of distribution, said the potential market for mandates is brutally big and very interesting for any manager. It should eventually result in a more open investment regime and further easing of regulations.
JP Morgan Funds strengthen in Latin America
The creation of a new job to coordinate all sales in the region, filled by Guiuliano de Marchi, combines with the plans to open a distribution office in Colombia.
Bice Inversiones aims to strengthen its offer in Asia
The distributor is looking for a manager specializing in Asia to complement its existing offer. Bice currently distributes funds of Goldman Sachs, Van Eck, Nordea, and TIAA-CREF.
Regulatory change extends fixed income spectrum for AFPs
The E fund will soon be able to invest in mutual funds and fixed income ETFs, even though up to 10% of the portfolio of these instruments relates to the restricted category.
Transfers begin to affect pension funds’ portfolio strategy
AFPs could be looking for more liquid instruments to deal with mass changes, such as happened in April at the suggestion of a pension consultant.



