Expert Explains What Eliminating the Key Pension Restriction Means

Financial Services attorney Camilo Gantiva Hidalgo was featured in a Q&A with Semana magazine about Decree 1490 of 2026, which eliminated the global 30 percent limit on pension fund investments in foreign assets. Camilo explained what changes for the administration of pension plans, what the advantages of international diversification are and what message the government is sending about the stability of investment rules in Colombia.

"Colombia has had an investment regime for pension funds that recognizes it is not adequate to concentrate excessively in a single issuer," he highlighted. "The diversification helps reduce the dependence on a single country, a single currency or a single economic sector. This allows for a negative performance in Colombia to be offset by better results in other markets."

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