Pension fund or public asset manager

Caisse Marocaine des Retraites

Compiled from public sources

Caisse Marocaine des Retraites (CMR) is a public pension fund established by the Moroccan government in 1930. As a public institution, its primary role is to manage and serve two mandatory public pension schemes: the civil pension scheme for state civil servants and local government agents, and the military pension scheme for armed forces personnel. CMR also manages an optional complementary capitalisation-based scheme. Its investment strategy focuses on managing its reserve funds to ensure the long-term sustainability of the pension systems. As a major institutional investor in Morocco, CMR diversifies its investments across various asset classes, including private equity and real estate, to optimise returns and support the national economy.