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FT Special Report: Investing in Mexico

Read the FT Special Report at Investing in Mexico FT Special Report June 2011

 

Boom times despite safety fears

There has been a rise in violent crime in some areas, but the country is still a good place for business, says John Paul Rathbone

Better government and smarter leadership, combined with strategic vision, could change Mexico very swiftly, writes Luis Rubio

Regulation: Media wars give hope of more choice

Competition, once an infrequent and timid visitor, is making a loud return, says Adam Thomson

Politics: Reform on hold as all eyes turn to elections

The PRI is tipped to regain the presidency but it is not all plain sailing, writes Adam Thomson

Industry: Aerospace sector helps high-tech economy fly

Advanced manufacturing skills are boosting exports, writes Adam Thomson

US relationship: Bumps on road to better links

Differences persist on guns, drugs and illegal migrants, says Anna Fifield

Still everything to play for in face-off with BrazilJohn Authers considers the nation’s rivalry with Brazil and asks whether there is all still to play

Stock market: Changes give vigour to once-somnolent bourse

Technical and other alterations facilitate business, reports Adam Thomson

Tourism: Aggressive push to promote country’s multifaceted allure

The nation’s tourism industry is working hard to persuade visitors there is more to discover, writes Adam Thomson

Mexico City: Conditions improve for business

A string of liberal social reforms during the past few years has led some observers to rename Mexico’s capital ‘Marcelona’, writes Adam Thomson

FT Special Report, 13.07.2011

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Filed under: BMV - Mexico, Brazil, Library, Mexico, News, Risk Management, , , , , , , , , , , , , , , , , , , , , ,

Tokyo Stock Exchange lists Indian ETF – S&P CNX Nifty linked ETF

Today, the Tokyo Stock Exchange approved the listing of the “NEXT FUNDS S&P CNX Nifty Linked Exchange Traded Fund” managed by Nomura Asset Management Co., Ltd.. The ETF is planned to be listed on Thursday, November 26, 2009.

This is the first ETF linked to Indian stocks to be listed on markets in Japan. The “S&P CNX Nifty Index” to which the ETF is linked is comprised of the 50 premier issues of the National Stock Exchange of India.

Code 1678 (ISIN JP3047100007)
Name NEXT FUNDS S&P CNX Nifty Linked Exchange Traded Fund
Fund Administrator Nomura Asset Management
Listing Date November 26, 2009
Trading Unit 100 units
Underlying Index S&P CNX Nifty Index

TSE entered into a memorandum of understanding with the National Stock Exchange of India on October 15, 2006. Through this ETF, TSE hopes to supply investors with better access to the Indian securities market and contribute to the development of the markets in both of our countries.

With this listing there will be a total of 69 ETFs listed on the Tokyo market, bringing us closer to the goal of 100 listed ETFs by fiscal year 2010, as laid out in the Medium-Term Management Plan. TSE will continue working to diversify the ETF market and improve the convenience of our market for all investors.

Additional ETF’s listed in Tokyo include Brazil’s IBOVESPA, China A Share CSI300 as well as  ETC (Exchange Trade Commodities) like Gold, Silver, Platinum and Palladium. See also TSE lists Brazilian ETF.

Tokyo Stock Exchange officel ETF site
ETFs on TSE November 2009 (.doc and .cvs)

Source: Tokyo Stock Exchange 06.11.2009

Filed under: Asia, Exchanges, India, Japan, News, , , , , , , , , , , , , , , , , , , , , , , , , ,

GF Banorte to list shares on Latibex exchange in June 9th, 2009

The shares of Mexican company Grupo Financiero Banorte will start trading on LATIBEX tomorrow, the company having received the authorisations necessary to list on the market.

Grupo Financiero Banorte is the fifth largest financial group by total assets in Mexico. Its main subsidiary, Banco Mercantil de Norte, better known as Banorte, is one of the most profitable large Mexican banks and the most important one in terms of total volume of loans.

With this incorporation LATIBEX adds a new company from the Mexican financial sector and comprises now 39 stocks from 6 Latin American countries (Argentina, Brazil, Chile, Mexico, Peru and Puerto Rico) consolidating its position as the second largest market in Latin American securities by market capitalisation.

Grupo Financiero Banorte will be included in the FTSE LATIBEX All Share, the calculation and dissemination of which is carried out in collaboration with the index company FTSE. The stock’s eligibility for its inclusion in the LATIBEX Top will also be assessed.

Alejandro Valenzuela will tomorrow present the company to the media at 10h. Afterwards, at 11:30 the company’s common stock will start trading on LATIBEX.

BBVA will act as specialist for the stock, which will be listed in trading units of 10 shares under the code XNOR.

Source: MondoVisione, 09.06.2009

Mexico’s Grupo Financiero Banorte will list its shares on Madrid’s Latin American Stock Exchange LATIBEX. LATIBEX currently has 39 listed companies from six Latin American countries with a combined market capitalization of €316 billion.

Source:FMX Exchange, 28.05.2009

Filed under: Exchanges, Mexico, News, , , , , , ,

New FTSE Bursa Malaysia Palm Oil Plantation Indices To Boost Exchange’s Standing As Key Commodity Centre

Bursa Malaysia Berhad (Bursa Malaysia) and award winning global index provider, FTSE Group (FTSE), today announce the launch of the FTSE Bursa Malaysia Palm Oil Plantation Index Series. This series enables investors to gain exposure to the long term growth potential of the lucrative, billion dollar palm oil industry, both in Malaysia and the Asian region. This is one further step to cement Bursa Malaysia’s position as a key centre for commodities-related capital market offerings.

The three indices launched today are the:

  1. FTSE Bursa Malaysia Palm Oil Plantation Index in Ringgit Malaysia based on the FTSE Bursa Malaysia EMAS universe;
  2. FTSE Bursa Malaysia Asian Palm Oil Plantation Index in Ringgit Malaysia; and
  3. FTSE Bursa Malaysia Asian Palm Oil Plantation Index in US Dollars.

Both Asian related palm oil plantation indices are based on the universes of developed, advanced emerging and secondary emerging countries as classified by FTSE in the Asia Pacific region excluding Japan, Australia and New Zealand, and are available in gross and net of tax versions.

These three indices allow investors to track the performance of listed companies which derive substantial revenues from palm-oil related activities. The series also supports the creation of Exchange Traded Funds (ETFs), structured products and other index-linked investment instruments.

Chief Executive Officer of Bursa Malaysia, Dato’ Yusli Mohamed Yusoff said, “The introduction of these new palm oil plantation indices is an exciting opportunity that will complement and strengthen Malaysia’s existing position as a significant player in the global palm oil industry. These palm oil plantation related indices will complement our strong footing in palm oil commodities related sector and strengthen our crude palm oil futures market as it bridges between the cash and derivatives markets for hedging and arbitraging opportunities. In short, the new indices elevate the profile of Malaysia’s palm oil industry and also establish Bursa Malaysia as a centre for commodity trading.”

Paul Hoff, Managing Director, Asia Pacific for FTSE Group said, “We are seeing evidence of increased interest in agricultural/commodity investment as investors look for niche opportunities. We are pleased to be working with Bursa Malaysia again, this time to develop the FTSE Bursa Malaysia Palm Oil Plantation Index Series to capture this unique sector.”

For more information on FTSE Bursa Malaysia Palm Oil Plantation Index Series, please visit http://www.bursamalaysia.com/website/bm/market_information/ or www.ftse.com/bursamalaysia.

Source:MondoVisione, 18.05.2009

Filed under: Asia, Data Vendor, Exchanges, Islamic Finance, Malaysia, News, , , , , , , , ,

FTSE Data to be distributed by Shanghai Wind Info in China

FTSE Group (FTSE), the global index provider, and Shanghai Wind Info, the leading data and financial software vendor in mainland China today announce that FTSE’s end of day index data will be made available to QDII institutions and securities firms via Wind Financial Terminals. The collaboration with Shanghai Wind Info demonstrates FTSE’s commitment to providing the Chinese market with index tools that aid its international investment decisions and global market access.

FTSE’s end of day data will give QDII institutions and other investors access to information such as constituents, market capitalization, dividend yield as well as price and total return index values in different currencies. This information will be provided for a range of global indices covering country, sector, investment strategy and alternative asset classes, and can be used for analysis, measurement or management of index linked funds including Exchange Traded Funds (ETFs). The data is a valuable resource for investors to manage their global investment portfolios.

Donald Keith, Deputy Chief Executive of FTSE Group said, “FTSE continues to work closely with the QDII community in China to provide data, which is used as the basis for research and development of global equities products. Cooperating with the one of the largest financial information provider in China extends FTSE’s visibility in the China market.”

Andrew Sun, Vice President of Shanghai Wind Info said, “Shanghai Wind Info is delighted to work with FTSE Group, the world’s leading index provider, along with the continuous internationalisation of the China market, I believe that the service we launched together can enhance the Wind Financial Terminal’s value and to the clients.”

Source: FTSE, 19.02.2009

Filed under: China, Data Management, Data Vendor, News, Reference Data, , , , , , , , , ,