Overview
- The Afores generated 1.1 trillion pesos in gains from January to October 2025, with total assets at about 8.1 trillion pesos, roughly 23% of GDP.
- Consar projects pension savings will reach 12 trillion pesos by 2030 and exceed 30 trillion by 2050, suggesting a pool larger than half of GDP.
- Regulatory changes lifted the ceiling on structured instruments to 30% from 20%, creating an estimated 600 billion pesos of additional capacity for infrastructure via vehicles such as Fibras and CKDs.
- SHCP is working on project standardization, contractual clarity, a national digital investment window, simpler rules, and fiscal safeguards to give investors certainty under Plan México.
- Industry leaders say Afores will commit to well-prepared, bankable deals, noting current infrastructure exposure near 980 billion pesos (about 12% of assets) and anticipating a larger rollout in 2026 once projects are fully assembled.