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Brazil Developer Files Equity Follow-On

Aug 28, 2009

Multiplan, a Sao Paulo-based real estate developer, has filed to issue around BRL650m on the Bovespa. The deal would represent around 18% of the company’s market cap,...

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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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