MEXICO - Total assets managed by Mexican pension funds increased by 10.7% year-on-year, reaching MXN970.11bn (US$74.6bn) at the end of the first quarter of 2009, data by CONSAR show.
The Mexican pension fund watchdog said this amount comprised MXN956.3bn of compulsory retirement savings, MXN4.4bn of voluntary retirement savings and MXN9.4bn of reserves the funds must invest in ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here