Consar relaxes rules on Mexican pension fund investments

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MEXICO - Mexican pension regulator Comisión Nacional del Sistema de Ahorro para el Retiro (CONSAR) has expanded the range of equities pension funds can buy and introduced flexible value-at-risk (VaR) rules in a bid to better adapt to market volatility.

In a statement, CONSAR said state pension funds (afores) can now "buy Mexican companies' individual stocks listed on Bolsa [Mexican Stock exchange], whose capitalization and liquidity are classifie...

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