BRAZIL - The government of Brazil has lifted the limits on pension fund investments, allowing up to 70% of assets to be allocated to equities and backing exposure to international markets.
Pension fund secretary Ricardo Pena said the equity investments would be limited to companies listed on the Novo Mercado which consists of companies willing to abide by certain corporate governance...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date