Mexican Pensions the stars of Top 100 Pension Funds

Mexican pension funds are the stars of the latest ranking of Latin America’s Top Pension Funds by Latin Business Chronicle. Three of the five largest increases in assets were seen by Mexican firms, and Mexican firms were the best performers in the largest 15 pension funds which hold the bulk of the region’s pension savings. Mexican pension funds have seen their asset base grow 120 percent according to data from Reuters, and their demand are currently driving growth in Mexican IPOs and private equity; in 2012, Mexican companies raised $9.8 billion – as much as the previous four years combined.