Mexico’s $120 Billion AFOREs Can Now Invest in Commodities

Posted on 06/19/2012

Pension funds, known as AFOREs (Administradoras de Fondos para el Retiro) in Mexico, are some of Mexico’s largest institutional investors. 1.68 trillion pesos are under management with Mexican pension funds which equates to US$ 120.6 billion. Starting June 20, 2012, AFOREs will be able to invest in the majority of commodity-linked securities. In addition, AFOREs […]

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