Swiss funds underperform in third quarter: State Street

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SWITZERLAND - Swiss pension funds returned a mere 0.1% for the third quarter of the year due to overweighting and security selection in Swiss and foreign equities, according to WM Performance Services.

But the return was an improvement from the negative 1.1% return in the second quarter of 2004. WM Performance Services – the European performance measurement arm of State Street – released the r...

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