Afore XXI Banorte, one of the largest in Mexico, positions itself as a strategic ally for major infrastructure projects in the country. Under the framework of the Mexico Plan, which aims to strengthen infrastructure through investments, the Afore commits to evaluating and prioritizing projects that ensure greater profitability for workers.
David Razú, general director of Afore XXI Banorte, highlights the importance of contributing to the financing of long-term projects contemplated in the Mexico Plan. In a context of uncertainty and volatility, the Afore, which manages more than 60 billion dollars, focuses on maintaining stability and clarity in its investment strategies to optimize workers' returns.
Razú explains that the diversification of the Afore's investment portfolio allows compensating for potential losses in certain assets or markets with gains in others, ensuring a stable trajectory even in times of volatility. Since the implementation of the new investment model in 2019, a differentiated risk-return profile has been achieved to benefit workers close to retirement.
The Afore system is designed to protect workers during times of volatility and guarantee maximum returns at the time of their retirement. More than half of the resources managed by the Retirement Savings System come from capital gains, reflecting the good performance of the industry in managing workers' funds over time.
Despite the challenges, Afores remain focused on strengthening their management and increasing the diversification of their risk mechanisms to ensure the best results for savers. The goal is to offer clients the best replacement rates and minimize the impact of volatility on their investments.
In this sense, Afores like XXI Banorte contribute to Mexico's economic development by providing better returns to affiliated workers, which in turn alleviates the future tax burden on the Government to ensure dignified pensions. Razú emphasizes Afore XXI Banorte's commitment to long-term projects that benefit its clients, thus offering a more solid financial future for workers.
