Some granularity on the Mexican pension industry

BlackRock has published a research report about pension funds in Mexico, a report produced as part of its broader research project looking into the state of the pension fund industry around the globe. It shows that the cause of alternatrive investments as a group is the cause of diversification for institutional investrors whose long-tailed liabilities impose upon them long temporal horizons. The Mexico report explains that the country’s Administradoras de Fondos Para el Retiro (AFOREs) operate in a regulatory environment...