Peru’s AFPs Allocate 11% to Infrastructure
Posted on 01/04/2013
Peru’s Administradoras de Fondos de Pensiones (AFPs) are private pension fund managers. In 1991, the Peruvian Treasury was faced with financial difficulties. Essentially the state-run pension system had insufficient funds to meet its pension obligations. Peru’s AFP market was created in the summer of 1993 to co-exist with the government-owned pension system. The largest pension […]
