Chile's Pension Reserve Fund gains investment leeway

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CHILE - Chile's $4bn Pension Reserve Fund has received the okay to make maiden investments in global equities and global corporate bonds, as well as in four new currencies, the Ministry of Finance said.

The fund can currently invest in the US dollar, euro and yen. But under the new guidelines, the fund can gain exposure to the Australian dollar, UK sterling, Swiss franc and the Canadian dollar. ...

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