Chilean funds up 30.8% in 2009

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CHILE - Chilean pension funds grew 30.8% to US$119.1bn in the 12 months up to March 2010 on the back of gains in non domestic equities investments, regulator Superintendencia de Pensiones revealed.

The results reflect an upward trend during last year which saw Funds A - the most risky ones - gain 46.8% year-on-year at March 31. In the same period, funds B gained 34.4%, C gained 22.1%, D 13.4%...

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