Mexico pension funds record 1.38trn pesos AUM in December

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MEXICO - Government-regulated pension funds, the nation's biggest institutional investors, reported 1.38trn pesos($113bn) under management in December, figures show.

The pensions regulator, Consar, said the state funds (afores) had returned 9.04% over the past 12 months and 7.41% over the past three years, making them one of the most competitive savings vehicle...

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