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Buenos Aires Province Delays Restructuring

Jun 29, 2005

Argentina's largest province says it has had to postpone its plan to restructure $2.9 billion in defaulted bonds for...

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At a fundamental level, the issue is how to generate healthy returns in the medium to long term. Policy holders can see their fund go down over the course of a week or a month, but what we really should be looking at is returns over 20 or 30 years.

Daniel Schydlowsky, Peru’s banking, insurance and private pension fund regulator


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