How Pension Funds Administrators Manage the CrisisBusiness Magazine América Economía presented its 2009 ranking for the industry, along with an analysis of its key aspects.Monday, October 26, 2009 ![]() América Economía's 2009 Pension Fund Administrator ranking lists the top 100 Latin American operators. Three are from Central America: Confía and Crecer from El Salvador, 46th and 50th, and Costa Rica's "Popular Pensiones", in the 96th position. Source: americaeconomia.com Salvadoran Pension Fund sold to ColombiansJanuary 2011 99.99% of AFP Crecer was acquired for $103 million by Colombian company Protección S.A. Flexiblity in Pension Fund InvestmentsMarch 2012 Given the low returns from pension funds in El Salvador, there is discussion on removing the requirements for operators in order to invest in more instruments. “The Best Places to Work”. Are They Really So?July 2010 The rankings industry continues outputting information that many times is not only inaccurate, but also disguised advertising. Panama Awards Administration of State Pension InvestmentsJanuary 2012 The companies Consorcio Aliado and Progreso have been awarded the tender to manage for 5 years investments for the Capital Savings and Pensions of Public Employees (SIACAP in Spanish). |
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