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TGN Extends Early Exchange Deadline

Jul 27, 2012

Argentina’s Transportadora de Gas del Norte (TGN) has extended the early tender period of its debt exchange offer, it says, to August 1 from July 25. In the offer, TGN is seeking to exchange any...

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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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