Hugo Petricioli expects 2021 to be another amazing year for the mutual fund industry in Mexico, and particularly for Franklin Templeton, which has just added GBM as one of its distributors.
Franklin lists on GBM+ platform, applauding its success in bringing in new fund clients
August 18, 2021 by
Profuturo initiates active-fund investing, incorporating four products to portfolio
July 26, 2021 by
“This is the first step, and we expect to launch a second group of four funds later this year,” Antonio Sibaja, Afore Profuturo's CIO, told Fund Pro Latin America.
Consar will soon be in charge of cross-border-fund approvals, replacing the Amafore
June 8, 2021 by
The Amafore’s vice-president, Alvaro Melendez, says he expects the change to occur toward the end of July or beginning of August 2021.
Mandate news circulates during and after Afore convention in October
November 21, 2017 by
Pensionissste, Banamex, Profuturo and Principal were the subjects of mandate news in October and November, as were global managers BlackRock, Wellington, Franklin Templeton and a pair of others.
Mexican Afores suffered a small drop in profits in 2015
April 8, 2016 by
Mexico's 11 Afore private-pension managers recorded net income of MXN 8.9 million (USD 516 million) in 2015, a 2% decline in local currency terms. Fee-based revenues of the managers were MXN 26.8 billion (USD 1.5 billion), an increase of roughly 5% for the year.
Afores boosted their private-equity exposure to 6% in 2015
March 7, 2016 by
During 2015 about USD 1 billion - through 19 issues - went to market, almost double the issues logged in the previous year. A local consulting firm says that there is another USD 1.9 billion dollars in the pipeline for upcoming CKDs.
Scotiabank to buy majority stake in Colombian pension fund Colfondos AFP
August 14, 2012 by
Scotiabank says it has reached an agreement to buy a 51% stake in Colombia's fourth-largest pension fund company.
