Mexican scheme assets up 23% from 2009

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MEXICO CITY - Assets under management of Mexican mandatory pension funds grew 23% to MXN1.24trn (US$97.8bn) at the end of April from a year earlier, data by regulator Comisión Nacional del Sistema de Ahorro para el Retiro (Consar) showed.

At the end of March assets totaled MXN1.22trn. From March to April schemes' investment in international equities increased, at the expenses of domestic equities and foreign bonds. Exposure to natio...

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