Mexico. ‘It needs to be absolutely clean’: How Sergio Méndez leads Mexico’s biggest pension fund
At the helm of Mexico’s largest pension fund, Sergio Méndez faces a regulatory sea change and a volatile economic backdrop. The key is to have a flexible battle plan.
Before I sat down to interview Sergio Méndez, the chief investment officer of Afore XXI Banorte, there were some topics that I was pretty certain would come up – Mexico’s changing regulatory environment, its roller coaster market ride, Donald Trump – and so I prepared accordingly.
But one subject I had definitely not prepared for was 19th-century naval battles. I knew I should have paid closer attention during history class…
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