Wellington Joins the List of Asset Managers From Which the Afores Can Choose Funds From

It is distributed by Compass in Mexico

Date: 07 Jan 2020 · 19:13

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Wellington Management became the 13th asset manager in having international mutual funds highlighted by the Mexican Pension Funds Association

It had already been selected in 2014 to receive a commodity investment mandate

Founded in 1928

Wellington Management became the 13th asset manager in having international mutual funds highlighted by the Mexican Pension Funds Association, the Amafore, as funds the Afores could invest in.

As the Amafore confirmed to Funds Society, there are already 60 funds from which Afores can choose from, for diversification purposes.

The Boston firm, whose distribution in LatAm and Mexico is in charge of Compass Group, had already been selected in 2014 to receive a commodity investment mandate, by the then called, Afore Banamex.

The current list of authorized managers consists of:

AllianceBernstein
Amundi
AXA
BlackRock
Franklin Templeton
Investec
Janus Henderson
Jupiter
Morgan Stanley
Natixis
Schroders
Vanguard
Wellington Investments

Founded in 1928, Wellington Management is one of the largest independent investment management firms in the world. It has more than 1.1 trillion dollars in assets under management and operations in more than 60 countries.