In what do pension funds invest Colombian savings? – Sectors – Economy
After the fall of the stock markets in the world due to the financial uncertainty generated by the collapse of the Silicon Valley Bank, the President Gustavo Petro asked the administrations of the private pension funds, that is, Porvenir, Protección, Colfondos and Skandia "to bring pension savings to the country"."Today, 55 percent of the pension fund portfolio, that is, the contributors' savings stock, is outside the country," the president assured.(You can also read: 4.4 million workers are missing to catch up on their pension contributions) Given the collapse of foreign markets, I ask the administrations of private pension funds to…
