Pension funds grapple with investment limits as portfolios swell

Pension funds grapple with investment limits as portfolios swell

Brazil Mexico Funds Equity

A rise in Brazil's equity markets could force pension funds nearing their portfolio limits to dump stocks, the chief investment officer of Latin America's largest pension fund has said."If the stock market in Brazil skyrockets, we're probably going to have a problem, we're going to face limits very soon," said RenĂª Sanda CIO of Previ, which holds retirement savings worth over $80 billion equivalent.Previ's Plano 1 has almost 60% allocated to equities, bringing it close to the 70% equity allocati

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