Template-Type: ReDIF-Paper 1.0 Author-Name: Jose Pablo Barquero-Romero  Author-Name-First: Jose Pablo  Author-Name-Last: Barquero-Romero Author-Email: barquerorj@bccr.fi.cr    Author-Workplace-Name: Department of Economic Research, Central Bank of Costa Rica  Author-Name: Melissa Vega-Monge   Author-Name-First: Melissa  Author-Name-Last: Vega-Monge   Author-Email: vegamm@bccr.fi.cr   Author-Workplace-Name: Department of Economic Research, Central Bank of Costa Rica  Title: Complementary Pension Fund Operators: Analysis of the composition of the investment portfolio (January 2012 – May 2022) Abstract: This study describes the evolution of investments in foreign issuers by Complementary Pension Fund Operators belonging to the Mandatory Pension Regime of Costa Rica and presents a review of measures taken by similar countries in the face of the same phenomenon. ***Resumen: Este estudio presenta una descripción de la colocación de fondos en emisores extranjeros por parte de las Operadoras de Pensiones Complementarias pertenecientes al Régimen Obligatorio de Pensiones de Costa Rica y realiza una revisión de las medidas tomadas por países similares ante el mismo fenómeno. Length: 20 pages  Creation-Date: 2022-12  Publication-Status: Published   File-URL: https://repositorioinvestigaciones.bccr.fi.cr/items/79363433-2c58-4f71-9f0e-d9a22405d379  File-Format: Application/pdf  Number: 2211  Classification-JEL: H55, J32  Keywords: Pensions; Private Pensions; Pensiones, Pensiones privadas Handle: RePEc:apk:nottec:2211