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The champions of growth in assets under management were the funds of Peru, Mexico, and Costa Rica By Santiago Gutierrez The Top 100 Pension Funds in Latin America increased their assets under management by 2.4% in 2013, less than the already weak 2.7% GDP growth rate of the region. The reason behind this lackluster performance is the 12.7% decrease in assets managed by the 57 biggest Brazilian funds, and especially by the 11.1% drop in assets at Previ, the largest pension fund in the ranking. “2013 was a challenging year,” said Dan Conrado, president of Previ, when presenting the fund’s […]
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