Italian pension fund launches investment options

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ITALY - Members of Pegaso, the pension fund for employees in public utility services, can now choose between three investment strategies with different risk profiles - conservative, balanced and dynamic.

The conservative strand constitutes a 90% allocation to bonds and 10% to equities, the balanced strategy will be made up of 70% bonds and 30% equities while the dynamic one will have a 50/50 equity...

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