20081103-225436-Pension-fund-managers-submit-counter-proposal-to-industry-nationalization
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Pension fund managers submit counter-proposal to industry nationalization

11/03/08 22:54

The Argentine stock market is now facing record lows after investors were scared by the government proposal to nationalize all private pension funds in the country.

In a move to counter the proposal, these private pension managers will submit their own proposals to introduce more conservative policies to convince the government not to nationalize the industry.

News: UPDATE 1-Argentina pension funds try to avoid nationalization | Markets | Bonds News | Reuters

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