Sura Investments Sees Mexico Nearshoring Boom as Key to Growth
- CEO expects to double assets under management within 5 years
- Firm offers pensions to employers moving closer to US border
This article is for subscribers only.
Sura Investments expects to benefit as manufacturers seek to move production facilities near the border between Mexico and the US, a trend known as “nearshoring.”
The company, a wealth management and corporate solutions unit of Medellin-based Sura Asset Management SA, is focusing its operation in Mexico on offering programs such as pension savings plans — the local equivalent of a 401(k) — to companies to provide for their employees.