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Article: Argentina: Profitability of pension funds managers.
- Article from:
- South American Business Information
- Article date:
- November 7, 2002
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Argentina, Nov 7, 2002 (El Cronista/SABI via COMTEX)
As an effect of the conversion into Pesos of the portfolio, the profitability of the pension funds reached an average of 75.44% in the year completed in October 2002. The annualised historical profitability, measured from the beginning of operations of each pension fund manager was of 15.35% according to Superintendencia de AFJP. The AFJP (pension fund managers) Consolidar had the highest annual profitability (80.04%), followed by Met (78.5%), Nacion ...
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