Corporate plans down 7%

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US - Corporate pension plans with assets in excess of $1bn posted a median performance of -7.09% for the first quarter of 2009, according to the latest Wilshire Trust Universe Comparison Service.

The median performance of all corporate pension plans was -26% for the year ending March 31 and -6.31% for the quarter, while public pension funds median performance was -25.93% for the year and -5...

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