Irish managed funds up 11.7% in Q3

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IRELAND - The average Irish managed pension fund returned 11.7% in the quarter ending September 30, but recent gains weren't enough to wipe out negative returns over the past year.

Returns for the past 12 months were down 0.7%, according to data by Hewitt Associates. But the Hewitt Managed Fund Index was up 2.5% in September and 17.6% year to date. Hewitt investment consul...

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