Consar will soon be in charge of cross-border-fund approvals, replacing the Amafore

The Amafore’s vice-president, Alvaro Melendez, says he expects the change to occur toward the end of July or beginning of August 2021.

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Banamex announces winners of USD 600 million Asian mandate

The announcement was a coup for Compass Group Mexico, which represents two of the firms that will share in the USD 600 million mandate. Rodrigo Blancas (photo), head of mandates, also revealed that it will be disbursing assets to previous winners of already-existing mandates, after many months of regulatory wrangling.

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Banamex awards new commodity mandate to three top global firms

The awarding of the mandate, as well as its size, is dependent upon the final design of the investment guidelines being drawn up by the Consar, Afore Banamex and the winners of the mandate.

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