Portugal's pension funds average 4.6% return in Q2

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PORTUGAL - Portuguese pension funds achieved a 4.6% median return during the second quarter, according to new data from Mercer Investment Consulting, Portugal.

The figures - part of Mercer’s Q2 2003 PIPS (Pension Investment Performance Survey) survey - meant a first half return median return of 4.7%. A preliminary universe of 188 pension funds was anal...

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