Afores Seek Returns in EM

Afores Seek Returns in EM

Mexico Funds

Mexican pension funds should be given greater freedom to diversify into growing EM economies rather than be limited to investments in sluggish developed nations, say participants at a recent Mexico-US Chamber of Commerce event in New York. Rules that emphasize foreign investments in the US and Europe make little sense at a time when such options often present more risks than opportunities. “How is it that Mexico’s [pension funds are] allowed to buy Greek debt but can’t invest in most emerging ec

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