Consar relaxes rules on Mexican pension fund investments

clock •

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...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

Author spotlight

Giovanni Legorano

View profile
More from Giovanni Legorano

FEATURE: Dutch funding levels battered by low discount rates

Ready for new scenarios

More on Mexico

Mexico

Two Mexican pension funds to merge

MEXICO - Mexican bank Grupo Financiero Banorte SAB has agreed to merge its pension fund with Afore XXI, the pension fund half owned by the Mexican Social Security Institute (IMSS) and Prudential.

Jaishree Kalia
clock 18 August 2011 •
Mexico

Principal Group to buy HSBC's Mexican pension business

MEXICO - The Principal Group will acquire HSBC's Mexican pension fund business for $198m.

Raquel Pichardo-Allison
clock 12 April 2011 •
Mexico

Mexican pension assets hit 1.4trn pesos

MEXICO - Mexican pension funds hit 1.4trn pesos ($118bn) at the end of March, figures from the Comisión Nacional del Sistema de Ahorro (Consar), the pensions regulator, show.

Raquel Pichardo-Allison
clock 06 April 2011 •
Trustpilot