Afores Get Equity Limit Boost

Afores Get Equity Limit Boost


Mexico’s pension fund regulator Consar has extended equity investment limits from an average 19.1% to 25.1% of Afore assets under management. The local investors had some MXP1.246trn registered in May. The move raises equity caps at each of 5 Siefore (SB) funds of varying risk levels to 35%, 35%, 25%, 20% and 0%, from 30%, 25%, 20%, 15% and 0%. This includes both foreign and domestic equity exposure. Relaxing stock caps will encourage more diverse portfolios and could boost Afore returns, Consar

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