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Vanguard hires BlackRock exec to head Mexico business

Vanguard Investments Mexico has named Juan Hernandez head of Vanguard Group Inc.'s business in Mexico.

Vanguard has 65 U.S.-domiciled exchange-traded funds cross-listed on the Bolsa, Mexico's sole stock exchange.

Hernandez most recently was a director and head of BlackRock Inc.'s institutional sales in Mexico. He was also the head of sales for iShares Mexico.