Funds reject Antwerp scheme

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BELGIUM - Pension funds have reacted with scepticism to a suggestion by the Belgian Association of Pension Institutions (ABIP) chairman that they invest in the multi-billion euro transportation works in Antwerp, citing a hesitance to be tied down long term with the government.

ABIP’s Phillip Neyt had suggested such a move might prove an attractive investment that matched pension fund liabilities and simultaneously benefitted the country’s economy in general, but Tom Merg...

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