Despite that PensionIssste began to buy up ICA shares and spent

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moncler outlet online So how do you reduce your moncler jackets men stress? Let me tell you two little secrets. First secret: we cause our own stress. How? Secret number two is: we are the thinkers of our own thoughts. FILE PHOTO: The logo of Mexican construction company ICA is seen in Mexico City, March 8, 2016. REUTERS/Edgard GarridoPensionIssste, which manages about 195 billion pesos ($10.5 billion) of mostly government workers retirement money, became the largest shareholder in ICA, with a stake of almost 10 percent, said three people with knowledge of the investment who spoke on condition of anonymity.Many details of the transaction are not publicly available and none of the parties involved were willing to comment.Half way through 2015, ICA shares had sunk more than 50 percent from the year earlier as a crash in the peso had increased its heavy dollar denominated debt load and lower government infrastructure spending led to a cash crunch.Despite that PensionIssste began to buy up ICA shares and spent around 400 million pesos ($21.5 million) Official Moncler Outlet at an average price of around 7 pesos per share, one source said.ICA, formally known as Empresas ICA SAB de moncler chicago CV, finally stopped making debt payments in December 2015, a fall from grace for what had once been Mexico largest construction company.Tapen Sinha, a professor at Mexico ITAM University who specializes in risk management and pension funds, said funds should avoid such volatile stocks right off the bat.not for no reason something drops 50 percent, he said. Should be alarm bells (going) off in risk management inside PensionIssste.Pensions regulator Consar examined the purchases, its president, Carlos Ramirez, said, adding that the deal complied with existing rules.Details on the holdings of Mexican pension funds are not public moncler outlet online.


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