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Luksic Increases Vapores Stake

Apr 7, 2011

Chile’s Grupo Luksic has acquired another 8.0% stake in local shipping company Cia. Sudamericana de Vapores (CSAV) for CLP350.5 per share, or about...

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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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