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Banco do Brasil Raises $1.4bn in Follow-on

Dec 14, 2007

Brazil's state-owned Banco do Brasil priced a follow-on of 87m shares Thursday at BRL29.25, a 1.2% discount...

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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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