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JBS Pulls US Stock Shelf

Jan 5, 2011

The US unit of Brazil’s JBS has canceled the IPO shelf it filed in 2009. “The company is requesting such withdrawal as it does...

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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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