N Carolina produces strong return

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US - North Carolina's Retirement Systems (NCRS) increased their assets from $68bn to $75bn by almost doubling targets and producing a 14.8% return for the fiscal year 2006.

The funds, which together cater for over 700,000 people had aimed for a return of 7.25% having made just under that figure in 2005. According to an S&P survey in February, North Carolina had the...

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