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 […]
- Afore XXI Banorte
- afores
- Alternatives
- Asset Allocation
- Central Banking
- Commodities
- Mexico
- Oil
- Public Pension
