Afore Banamex stays the course on equities despite volatility

Afore Banamex stays the course on equities despite volatility

Funds

Mexican pension fund manager Afore Banamex is confident that its investment strategy, which includes strong diversification into global equities, will help it ride out a tough period for capital markets investors, Rodrigo Blancas, its head of mandates, has told LatinFinance. More than a quarter of Afore Banamex’s riskiest fund — dubbed category four, under the Mexican pension framework — is in stocks outside Mexico, a larger allocation than any other Afore. “Our investment strategies haven’t cha

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