(Reuters) Colombia will soon allow pension funds to invest up to 20 percent of their assets in real estate, commodities, private equity, hedge funds and other so-called alternative investments, sources said on Tuesday.The decision, aimed at diversifying risk and bolstering profit, will modify previous rules that only allowed pension funds to invest in public debt and other low-risk portfolios. It is set to be announced by decree before the end of March, government and pension fund sources said.
Colombia To Let Pension Funds Invest In Hedge Funds, Commodities -Sources
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