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Brazil’s VisaNet Files for IPO

Sep 3, 2008

Brazilian credit card provider VisaNet has filed for an IPO on the Bovespa via the sale of secondary shares held by the banks that own it. Those include Bradesco (39%), BB Investimentos...

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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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