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AES Gener Hits 60% in Tender

Aug 12, 2011

Chilean utility AES Gener has received acceptance from 63.2% of holders of its 2014 bonds targeted in an exchange offer that expired Thursday. Holders of $151m in 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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