Portuguese funds return 1.7% in January

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PORTUGAL - Portuguese pension funds posted a return of 1.7% in January 2005 on the back of a robust performance from the Portuguese equities market which returned 5.5% during the month, its highest since November 2001.

Latest figures from Watson Wyatt reveal that international bonds also posted positive returns at 3.9%, mainly due to the appreciation of the US dollar. Other Euro equities returned 2%, while int...

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