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Lopes Builds Follow-on

Oct 22, 2010

Brazilian real estate developer Lopes has raised BRL207m from an equity follow-on. It priced 5.52m shares at BRL37.51, flat...

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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.

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