Pension funds divided over appropriation of public funds

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GLOBAL - The pension fund members of the Global Pensions 100 Panel are divided on the issue of whether it is right for government bodies to use public pension fund assets to provide emergency liquidity to stricken financial institutions.

While 43% claimed it was a good investment opportunity for the funds, a slightly higher number of respondents - 48% - claimed the appropriation of assets in this way was not right, with one respond...

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