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GrupoSura Adds Grupo Bolivar to ING Deal

Nov 22, 2011

The Colombian Grupo de Inversiones Sudamericanas (GrupoSura) has taken on Sociedades Bolivar as a second minority shareholder in the pension and insurance business it recently acquired from ING for $3.76bn. Sociedades Bolivar, part of 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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