Peru’s private pension funds
Peru’s private pension funds have set an ambitious goal of doubling the volume of their assets under management over the next six years.
According to the country’s industry association, this view could well prove to be conservative if the current rate of growth continues. Since its creation sixteen years ago, the private pension industry has been developing steadily in one of the fastest growing countries in Latin America. If things continue to work by the book, the assets managed by the four companies that operate in the system should reach US$50bn by 2016, up from the current $26bn. Source
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