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Article: Mexican Brokerages Say Pension Managers Ready To Invest In Stocks.
- Article from:
- Internet Securities
- Article date:
- May 17, 2001
CopyrightCOPYRIGHT 2001 COMTEX News Network, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MEXICO CITY, May 17, 2001
Recent financial regulation reforms bolstering the rights of minority shareholders in Mexican companies have opened the way for authorities to permit fund managers in the country's government-mandated private pension system to invest - for the first time - in stocks traded on the local bourse, Mexican Brokerages Association (AMIB) representative Efren del Rosal Calzada said. Del Rosal said the new, more-extensive protections for minority shareholders were essential to the process of ...
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