Peru's top pension fund buying stocks after election slump

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PERU - Prima AFP, Peru's biggest pension fund manager, is taking advantage of the biggest stock selloff in more than two years and declines in the country's bonds and currency to buy assets on a bet prices will rebound after presidential elections.

Stocks are undervalued after the country's benchmark index plunged 8.9% last week following candidate Ollanta Humala's victory in the first-round ballot, said Alejandro Perez-Reyes, head of investm...

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