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LAVCA Comments on Pension Fund Limits & Alternative Investments to Peruvian SBS

24 May 2016

In response to the draft regulation Prepublicacion Indicador regarding the Peruvian pension fund’s limits on alternative investment, LAVCA submitted a letter to the Peruvian Superintendency advocating on behalf of member firms to remove the indicator that will allow pension funds to make new commitments. Based on international best practices, LAVCA proposed to measure exposure based solely on NAV.