Brazil Pension funds investing in Belo Monte dam, Ailton says

clock

BRAZIL - Brazilian state pension funds Funcef, Petrus and Previ will have a stake in the Belo Monte hydropower dam that will be built in the Amazon, an official with the state-run electricity company said.

Previ, the pension fund of Banco do Brasil SA, Funcef, of state-controlled bank Caixa Economica Federal, and Petrus, of state oil company Petroleo Brasileiro SA, will invest in Belo Monte to help i...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Brazil

Brazilian pension funds stay local

Rodrigo Amaral finds the allure of the fast-growing emerging market and operational hurdles have led Brazilian pension funds to stick to their home-country bias

Rodrigo Amaral
clock 01 November 2011 •

LCP expands in Brazil

BRAZIL - Lane Clark & Peacock has expanded its international network by partnering with Brazilian consultancy Rodarte Nogueira.

clock 10 June 2010 •

Brazil set to increase pension payments by 7.7%

BRAZIL - Brazil's lower house of parliament has approved a 7.7% increase in pension payments for some of the country's pensioners but serious obstacles remain before it can go into effect, including a possible veto from president Luiz Inacio Lula da Silva....

clock 06 May 2010 •
Trustpilot