MEXICO - The country's pension fund assets rose 22.8% in 2009 to MXN1.15trn (US$90.8bn), according to data released by the Comisión Nacional del Sistema de Ahorro para el Retiro (CONSAR).
Average returns for the year for the pension fund managers, known as Afores, were 4.9%. In March of last year, the pension funds agreed to invest primarily in local securities in order to boost ...
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