[ad_1]
Contributions to the Pension Plan Administrators (AFP) pension plan decreased by $ 236 million from $ 154.887 million to $ 154.651 million between December 29 and June 29th. 2018, according to figures released this Friday by the Superintendency of Banks, Insurance and AFP (SBS).
The funds of AFP recorded an average loss of 0.77% in the above-mentioned analysis period, SBS .
Depending on the type of fund in the private pension system, fund 3 experienced the largest decline with a fall of 1.28% in the first half of 2018. [19659004] In the case of fund 2, there is had a decrease of 0.66% in the first half of this year; while the fund 1 fell by 0.38%
The president of the BCR, Julio Velarde indicated this week that the pension funds of the AFP recorded a negative behavior due to the fact that the shares of companies fall on the Lima and US stock exchanges.
"The shares [de las empresas] fell not only in Peru, but also in the United States and this determined that the pension funds are down, especially funds 2 and 3 that are more exposed to these actions" , he said this week
He also recalled that Peruvian pension funds are slightly more exposed to equities than Chilean and Colombian pension funds. "There is therefore no reason to be surprised," he said.
Source link
