Santander unveils second equity fund in Mexico

Santander unveils second equity fund in Mexico

Equity Funds Capital Markets Asset Management Mexico

The Mexican branch of Spanish bank Santander is aiming to raise up to MXN8 billion ($405 million) for its second equity fund, looking to buy shares in companies that meet environmental, social and governance (ESG) criteria, Jesús Mendoza, head of the asset management division in the country, told LatinFinance.  Santander has already raised MXN253 million for the fund and expects to have MXN1 billion in the next few months, said Javier Alamillo, head of products and business intelligence at Santa

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