Irish pension fund assets increase by 12.4%

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IRELAND - The Irish Association of Pension Funds (IAPF) has revealed that Irish pension funds experienced "steady growth" during 2004, with a 12.4% increase reflecting the positive market environment and continued inflows from plan sponsors to support scheme solvency positions.

The results of the IAPF’s 2004 asset allocation survey showed that at the end of last year, assets under management amounted to e62.3bn compared with e55.5bn at the end of 2003. Commenting on th...

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