NETHERLANDS - Dutch pension fund giants ABP and PGGM have seen their returns slide in the second quarter of 2004 on the back of rising oil prices and interest rates.
ABP and PGGM posted returns of 0% and 0.5% respectively as compared to 4.3% and 3.5% in the previous quarter. At the end of the first half, ABP returned 4.2% while PGGM’s returns stood at 4.1%. ...
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