Barclays Plc (BARC), BlackRock Inc. (BLK) and Deutsche Bank AG (DBK) are vying to tap as much as $9.3 billion in Mexican regulated pension assets that are poised to invest in commodities following regulatory changes.
Mexican pension funds, the nation’s largest institutional investors with 1.57 trillion pesos ($123.5 billion) under management, are allowed from this year to invest as much as 10 percent of assets in commodities. The funds known as Afores, barred from such investments since the system was privatized in 1997, allocated most of their holdings to Mexican debt markets………………………………………..Full Article: Source