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Peru Group Readies Leverage Push

Aug 7, 2009

Peru’s Grupo Brescia, by far the country’s largest holding company, is heard to be taking its first steps to access the debt markets. The group, which owns significant stakes in 52 companies in South America, including Peru’s largest fishery, its largest tin mine, and a minority state in BBVA Continental, has...

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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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