Chile sees pension fund losses

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CHILE - Pension funds have posted losses of US$7.4bn year-on-year, following the fall in their equitiy investments during last month, Chile's Superintendencia de Pensiones has announced.

The value of the five categories of pension funds - funds A, B, C, D and E - was US$105.6bn at the end of August, which represented a -6.5% loss compared to the previous year. During the month of A...

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