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No Javer IPO Planned Short-Term

Oct 27, 2009

Mexican homebuilder Servicios Corporativos Javer is not planning an IPO in the short term, as was rumored Monday, says the company’s new chairman Ricardo Rodriguez. Private equity group Southern Cross, Evercore and Mexico Capital Partners announced Monday that...

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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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