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In 1990 a group of Mexican businessmen found that there existed a lack of financial assets for investors and savers of different socio economic levels, and a gap existed for a company that could provide attractive rates and access to the financial market.
In 1994 the National Banking and Securities Commission (CNBV) awarded to Actinver a license to operate as an investment fund manager in Mexico. In the same year, Actinver opened its doors to the public offering three investment funds.
From the start, Actinver stood out from other financial institutions on account of its transparency, ease of transacting, quality of funds, highly competitive returns and excellent levels of service.
In 1997 Actinver opened its first branches in:
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Monterrey.
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Puebla.
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Veracruz.
In the same year, Actinver achieved the milestone of MXN 1 billion in assets under management, in addition to the launch of three new investment funds. At the end of this year, the internationally recognized rating agency Standard and Poors issued ratings on all our debt funds.
In 1998 Actinver opens one more branch:
And achieves MXN 2 billion in assets under management, in addition to opening our seventh investment fund.
In 1999 Actinver continues with its expansion plans, opening branches in :
In this year, we reached MXN 3 billion in assets under management and opened two new investment funds; in the process creating our first fund that specialized in currency hedging.
In 2000 Actinver maintains its expansion plans, opening branches at:
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Guadalajara.
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Plateros (Mexico City).
We also expand our family of funds to 10. In this year, we also launched our first value added product: life insurance.
In 2001 we open new branches in Mexico City:
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Centro (Mexico City).
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Altavista (Mexico City).
In the first quarter of the year, total assets under management exceed MXN 4 billion; Actinver buys Finacorp, an investment funds operator, and also announces the commercial alliance with Zurich Life. We also expand our range of value added products to include education and retirement plans. Our family of funds increases to 14 and Actinver consolidates its growth by moving its corporate offices.
In 2002 the following new branches are opened:
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Culiacan.
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Puebla II.
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Tijuana.
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Toluca.
In the first quarter, Actinver reaches MXN 6.8 billion under management.
In 2003 the Government Assembly of the CONSAR grants permission for the formation of AFORE Actinver SA de CV, and Siefore Actinver 1, SA de CV, bringing to 11 the total number of administrators dedicated to retirement savings for workers in Mexico.
In the same year, we launch Actidow, which tracks the performance of the Dow Jones and ActiUS which is made up of "trackers" that track the performance of the S&P500, S&P400, S&P 600 and Nasdaq, representing the principal US markets. Also, in this year, Actinver starts to invest in US Government Treasury instruments in its dollar denominated funds.
In 2004 new branches are opened in:
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Aguilas (Mexico City).
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Cuernavaca.
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Guadalajara II.
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San Luis Potosí.
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Tampico.
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Tepic.
In the same year, 100% of the shares in Bursamex Casa de Bolsa are acquired, which in turn gives way to Actinver Casa de Bolsa, making Actinver one of the biggest financial groups in the country with 60,000 clients, and total assets under management of MXN 13 billion and a total of 21 in-house funds. Also, in the course of this year, the company initiates the co-distribution of best of breed asset managers.
In 2005 Actinver opens the doors for business of Actinver Casa de Bolsa:
In this year, the company actively participates in the share IPOs of ICH, Asur, Qualitas, Femsa, Cemex and Cicsa, amongst others. The company also introduces "Actinver Day", a day dedicated to presentations by selected companies listed on the Mexican Stock Exchange, with big and small investors on the invitation list.
Actinver restructures the shareholder base of all its debt funds to series 5 (from 1 to 5), offering the advantages of all its funds to all types of investors and launching 3 new funds in the process: Actidol, Actiemp and Actieuro, the final fund being the first fund denominated in euros in Mexico. At the same time, we boost the range of co-distributed funds offering investors Asian funds, American funds from the Franklin Templeton Family, funds specializing in dividends, and global debt and capital funds.
In 2006 Actinver acquires Operadora Lloyd, an investment funds operator.
At the beginning of this year, Grupo Actinver buys all the stocks of Operadora Lloyd, making Actinver the biggest asset manager in Mexico not aligned to a bank, with total assets of MXN 40 billion, close to 200,000 clients and with a branches net up to 41 offices through out the country.
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