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Each week, Damian Fraser and Eduardo García dissect Mexico’s most important business stories with global impact—and bring on a guest to explore a subject the headlines missed

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Artwork for MexMoves

Latest Episodes

This week on MexMoves, we interview Darío Coronado, CEO of Smart Fit Mexico, which has more than 500 locations and 1.3 million members. We discuss how Brazil-based Smart Fit rapidly overtook the incumbent Mexican gym chains to become by far the count... more

YouTube

This week on MexMoves, Marc Spiegel, the American investor whose Innovatio Capital acquired Querétaro FC, joins to discuss the business of Mexican football. Why invest in a Liga MX club? What makes Querétaro attractive? Can Mexican football become a ... more

YouTube

Tourism Woes and AHMSA

Description

This week on MexMoves, we speak with David Razú, CEO of Afore XXI Banorte, one of Mexico’s two largest pension managers, with roughly US$100bn in assets under management. Mexico’s Afore system now manages close to... more

YouTube

We interview Avelino Rodríguez, CEO of The Lift, to talk about the business of creativity in Mexico. Twenty years after founding The Lift, Avelino explains how he built a world-class audiovisual production-services company, and what Mexico needs to b... more

YouTube

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Recent Guests

Marc Spiegel
Chairman of Querétaro FC and founder of Innovatio Capital
Innovatio Capital / Querétaro FC
Episode: 90. Spiegel on Buying Querétaro FC; Endeavor on Startups; Televisa–AT&T, Mexico’s AI Risks
Vincent Speranza
Managing Director of Endeavor Mexico and Regional Advisor for Latin America
Endeavor Mexico
Episode: 90. Spiegel on Buying Querétaro FC; Endeavor on Startups; Televisa–AT&T, Mexico’s AI Risks
David Razú Aznar
CEO of Afore XXI Banorte
Afore XXI Banorte
Episode: 89. Afore XXI Banorte on Mexico’s Pension Boom; Energy Investment & Natural Gas, Tourism Woes and AHMSA
Avelino Rodríguez
CEO and founder of The Lift
The Lift
Episode: 88. Mexico’s Creative Economy; News from Consorcio ARA, CONTPAQi, Nu and Fuel Support
Enrique Perret
Managing Director, US-Mexico Foundation
US-Mexico Foundation
Episode: 87. Perret & Billia on Mexico's conference circuit; demographic shock, JD Sports/Axo bet, Korea in Mexico, and the Trump diesel threat.
Véronique Billia
Head of Amexcap
Amexcap
Episode: 87. Perret & Billia on Mexico's conference circuit; demographic shock, JD Sports/Axo bet, Korea in Mexico, and the Trump diesel threat.
Alejandro Preinfalk
President and CEO of Siemens Mexico, Central America and the Caribbean
Siemens
Episode: 86. Siemens on Mexico’s Next Industrial Wave | Flex & AI Infrastructure; Traxión Tender; Liverpool/Primark; Grupo México/Saavi
Oscar del Cueto
President and executive representative of CPKC Mexico; President of AmCham
CPKC Mexico, AmCham
Episode: 85. Trade & Railways with CPKC and AmCham’s Oscar del Cueto | Mexico’s Budget, Digital Law, Kapital & Televisa
María Ariza
CEO of BIVA and founder of Mexico's Day in New York
BIVA
Episode: 84. Mexico’s NYC Week; M&A Outlook; Axtel Bids, Felix Pago Funding, Volkswagen Cuts

Hosts

Eduardo García
Co-host of MexMoves
Damian Fraser
Host of MexMoves

Reviews

4.8 out of 5 stars from 109 ratings
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Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

episodes balance macro context with specific deal and policy implications.
guests are high-caliber with real-world insight into Mexico's markets.
listeners appreciate the practical takeaway focus and guest diversity.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Talking Points

Recent interactions between the hosts and their guests.

89. Afore XXI Banorte on Mexico’s Pension Boom; Energy Investment & Natural Gas, Tourism Woes and AHMSA
Q: Given how big the Afores are becoming, should they raise the limit of investments outside Mexico, or is there enough room for diversification within current rules?
Razú Aznar argues the investment regime currently provides ample room for diversification, and the existing limits are not binding; the focus should be on selecting quality projects, governance, and strong information flow to ensure returns for workers.
89. Afore XXI Banorte on Mexico’s Pension Boom; Energy Investment & Natural Gas, Tourism Woes and AHMSA
Q: David, what has changed for you, for the system over the time period you've been at Afore XXI Banorte?
Razú Aznar outlines three main changes: a strengthened legal framework including the 2020 reform, a wider investment regime allowing more alternatives and infrastructure exposure, and geopolitics that favor North America, creating better investment opportunities and a larger, more diversified Afore portfolio.
87. Perret & Billia on Mexico's conference circuit; demographic shock, JD Sports/Axo bet, Korea in Mexico, and the Trump diesel threat.
Q: What were the main takeaways from Amexcap's private capital day in New York?
There was strong private capital attendance, with nearly 400 participants and over 70 LPs, indicating growing international and Canadian investor interest in Mexican infrastructure, energy, and real estate projects, plus a push for better exit mechanisms.
87. Perret & Billia on Mexico's conference circuit; demographic shock, JD Sports/Axo bet, Korea in Mexico, and the Trump diesel threat.
Q: So this weekend, Mexico City hosts the fifth edition of the North Capital Forum; what's the expected impact and who's attending?
The Forum brings together the US, Mexico, and Canada communities—diplomats, manufacturers, entrepreneurs, academia, and government officials—to discuss trade, energy, security, and mobility, signaling a broader platform beyond traditional trade talks.
86. Siemens on Mexico’s Next Industrial Wave | Flex & AI Infrastructure; Traxión Tender; Liverpool/Primark; Grupo México/Saavi
Q: What are two actionable steps Mexico should take to improve productivity and competitiveness?
Invest in talent development and foster adoption of new technology across industry, while encouraging collaboration between government, academia, and industry to accelerate digital transformation.

Audience Metrics

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Frequently Asked Questions About MexMoves

What is MexMoves about and what kind of topics does it cover?

A fast-paced, business-focused show that dissects Mexico's headline-worthy developments in finance, markets, and policy while pairing each discussion with a seasoned guest who provides deeper context on a timely topic. Episodes frequently cover capital markets, M&A activity, fintech, macroeconomics, nearshoring, and policy shifts, interleaving host analysis with expert perspectives to translate complex trends into actionable takeaways for executives, investors, and corporate strategists. Noteworthy is the blend of high-level macro discussion with hands-on, industry-specific insights from guests ranging from bankers and fund managers to corporate leaders and policy experts, plus a clear emphasis on Mexico's evolving role in global business a... more

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Which podcasts are similar to MexMoves?

These podcasts share a similar audience with MexMoves:

1. Whitepaper 10
2. La Estrategia del Día México
3. Chisme Corporativo
4. GBM
5. Proyecto 1954

How many episodes of MexMoves are there?

MexMoves launched 2 years ago and published 91 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on MexMoves?

Recent guests on MexMoves include:

1. Marc Spiegel
2. Vincent Speranza
3. David Razú Aznar
4. Avelino Rodríguez
5. Enrique Perret
6. Véronique Billia
7. Alejandro Preinfalk
8. Oscar del Cueto

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