Irish managed funds up 5.7%

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IRELAND - The average Irish pension managed fund was up 5.7% in July, marking the fifth consecutive month of gains, according to data compiled by Hewitt Associates.

Year-to-date through the end of July, the Hewitt Managed Fund Index was up 11.4%, but remained in the red for the 12 month period, with returns of -12.4%, Hewitt said. "The equity market rally w...

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