Mexico's pension funds - known as Afores - have been given regulatory permission to invest 5-10%...

|By:, SA News Editor

Mexico's pension funds - known as Afores - have been given regulatory permission to invest 5-10% of their $121B AUM in commodities starting on June 20. The funds have typically allocated most of their holdings to the country's debt markets. Barclays, BlackRock, and Deutsche Bank are waiting in the wings to pick up some of the business.