By Kira Nickerson After the plunge of the Mexican peso back in 1994, foreign investors have been trea...
By Kira Nickerson After the plunge of the Mexican peso back in 1994, foreign investors have been treating the Mexican market warily. However, a few international financial institutions saw it as an opportunity to strengthen their position in what they believed would be first a recovering, then growing, market. Although Mexico has a huge population base of around 90 million, because of the poverty there only 10 million considered as targetable by groups. As a closed market with only peso-denominated funds being sold, the mutual funds market of Mexico is worth around $15bn and growing. At t...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes