My Blog List

Wednesday, June 1, 2011

Mexican Pension Funds Expected to Invest In Equity for First Time

According to BNAmericas, The International Finance Corporation (IFC) is expecting the first equity investment from Mexican pension funds - known as Afores - for a health public-private partnership (PPP) through a capital development certificate (CKD) to be the first of many to come. IFC senior investment officer Juan Luis Flores told BNamericas that, "This means that Afores' affiliates will benefit directly from these higher returns, while at the same time Mexico's infrastructure will grow and create more development."

CKDs are financial instruments created in 2007 to promote investment by institutional funds - mainly Afores, insurers and other investors - in local companies' capital or for the execution of productive projects in the country.

No comments:

Post a Comment