World's richest man offers slim pickings for retired

The world's richest man is proving better at generating wealth for himself than the 1.1 million Mexican pensioners investing with him.

While Carlos Slim's personal wealth climbed 22 per cent in 2012 to US$75.2 billion, the funds controlled by his bank, Grupo Financiero Inbursa SAB, generated the worst returns for all of the four age groupings in Mexico's pension system in the 12 months up to the end of November.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1119886/worlds-richest-man-offers-slim-pickings-retired