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Brazil Boosts Petrobras Voting Rights

Oct 1, 2010

On the eve of presidential elections, Brazil’s government has increased its total stake in Petrobras to 49.0% from 39.8% percent after completing the world’s largest-ever equity offering last week, Petrobras says. The...

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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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