Corporate funds post losses of 17.1%

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JAPAN - Japanese corporate pension funds lost an average of 17.1% in the year ended March 31, the worst losses in over a decade, according to data by Watson Wyatt.

Director of investment consulting at Watson Wyatt in Japan Taro Ogai said the firm had anticipated a 20% loss but the rebound in the global equity markets in March, along with the drop in the value...

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