PME outperforms ABP and PGGM in second quarter

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NETHERLANDS - PME, the industry wide pension fund for the metal and electro technical engineering industry, posted a return of 6.3% in Q2 2005, outperforming Dutch giants PGGM and ABP.

PGGM posted a return of 3.6% and ABP posted a return of 4.3% for the second quarter. PGGM's assets rose in the second quarter from e61.9bn to e64.7bn, whilst ABP's rose e7.5bn to e178bn. However AB...

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