Colombia Revokes Decree Capping Pension Funds' Foreign Investments
7 Articles
7 Articles
The newly installed government of Colombia revoked a decree that limited the investments of private pension funds abroad to 30%, said the Minister of the Farm, Miguel Gomez, on Wednesday. The previous decree, issued last April by the government of former President Gustavo Petro, aimed to force pension funds to repatriate capital to boost investments in infrastructure and national economic projects. Exclusive material for subscribers. To have ful…
The directive, which was repealed before it was launched, forced private pension funds to have 30% of their resources invested abroad. The post-government reversed Petro’s decree on pension repatriation appeared first on La Silla Empty.
The Government ensures that specific limits and risk management rules are maintained to protect participant resources.
The measure seeks to expand the diversification options of PFAs and improve the relationship between risk and profitability of portfolios
Decree 1490 of 2026 repeals the ceiling set in April by the Petro administration and expands portfolio options.
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