AFPs can now invest up to 15% of their type 2 moderate portfolios and 20% of their type 3 aggressive portfolios in alternatives, without weighing against the overall equity limit. The previous limit was a scant 3%, and was being fully utilized.
Pensions Superintendent looking at use of currencies by AFPs
August 7, 2013 by
It had been noticed that some foreign managers have issued special share series denominated in currencies different from the underlying asset.