Afores Post Outsized 2025 Gains as Regulator Prepares Routine Rule Tweaks
The regulator plans to publish routine tweaks to the Afore investment rules soon.
Overview
- Afores booked 941,532 million pesos in plusvalías from January to September, equal to about 11.68% of assets under management.
- Amafore president Guillermo Zamarripa said 2026 returns will likely moderate after this year's unusually strong performance.
- Consar chief Julio César Cervantes signaled that changes to the investment regime will be published soon in the Diario Oficial de la Federación.
- Amafore characterized the forthcoming adjustments as calibrations rather than a structural overhaul, noting the regime is typically updated once or twice a year.
- Reporting points to potential tweaks to currency-related investments, with specifics to be confirmed upon publication.