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Morgan Stanley Revises Peru GDP Forecasts

Oct 14, 2009

Morgan Stanley has reduced its 2009 GDP growth prediction for Peru to 0.9% from 1.8%, but increased 2010’s forecast to 4.9% from 4.4%. The shop says that this year, “the economy 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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