Afores Look to External Management

Afores Look to External Management

Mexico Funds

As Mexican pension funds grapple with rapidly expanding asset pools, five are set to finalize agreements with international managers in the coming weeks, the head of the country’s pension regulator says. After more than a year of negotiations over the third party mandates, several are on the brink of completion, Carlos Ramirez, head of Consar, the national commission for the retirement savings system, tells LatinFinance. “We’ve had more than a year of very tight and not easy negotiations between

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