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While Carlos Slim’s personal wealth climbed 22 percent in 2012 to $75.2 billion, the funds controlled by his bank, Grupo Financiero Inbursa SAB, generated the worst returns for all four age groups in Mexico’s pension system in the 12 months through November.

Photographer: Susana Gonzalez/Bloomberg

While Carlos Slim’s personal wealth climbed 22 percent in 2012 to $75.2 billion, the funds controlled by his bank, Grupo Financiero Inbursa SAB, generated the worst returns for all four age groups in Mexico’s pension system in the 12 months through November.
January 02, 2013
Article
Slim’s Pensioners Burned as Funds Sink to Bottom: Mexico Credit
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