Mexican pension funds invest in local infrastructure

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MEXICO - Seven Mexican pension funds have invested a total of MXN3.42bn (US$268.6m) in the Macquarie Mexican Infrastructure Fund (MMIF), representing 66% of the fund's total assets under management.

MMIF is the first peso-denominated fund focused on investment in Mexican infrastructure projects and has so far raised MXN5.2bn in assets. FONADIN - a state owned agency created in 2008 to devel...

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