BRAZIL - The government of Brazil has lifted the limits on pension fund investments, allowing up to 70% of assets to be allocated to equities and backing exposure to international markets.
Pension fund secretary Ricardo Pena said the equity investments would be limited to companies listed on the Novo Mercado which consists of companies willing to abide by certain corporate governance...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
