The Central Reserve Bank of Peru has increased the operational limit for pension funds managed by AFPs to invest in foreign instruments to 50.5%, up from 50%. The new cap takes effect on 1 February 2026 and is intended to support greater diversification of pension fund investments. With the higher limit, AFPs will have around an additional USD 180 million available to invest in international financial markets; as of 19 January 2026, 47.7% of AFP portfolios were invested in foreign assets.
Central Bank of Peru 2026-01-28
Central Reserve Bank of Peru raises AFP foreign investment limit to 50.5%
The Central Reserve Bank of Peru has raised the foreign investment limit for pension funds managed by AFPs to 50.5% from 50%, effective 1 February 2026, allowing an additional USD 180 million for international investments. As of 19 January 2026, 47.7% of AFP portfolios were already invested in foreign assets.