Assets of the bank’s fund management businesses breached the Ps 1trn ($20.7bn) mark last year.

Assets of the bank’s fund management businesses breached the Ps 1trn ($20.7bn) mark last year.
The number of feeder funds denominated in the local currency has surged during the past two years.
Separately, a relaxation of regulations by the country’s securities regulator has prompted investment companies to launch feeder funds.
Part of the Mark Allen Group.