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  • Mexican Afores post record profits

    Despite a marked 4Q18 slowdown, the combined net income at Mexican pension fund managers (Afores) came to 10.7bn pesos (US$560mn) last year, the largest annual profit on record, according to pension sector regulator (Consar). The...

  • Mexican pension system expands

    Assets under management at Mexico's pension fund managers (Afores) climbed to 3.32tn (US$176bn) at the end of June, up 4.1% in real terms from end-December 2017. The June figure was the equivalent of 14.9% of GDP, according to a...