Balanced funds deliver 'best quarterly return since 1975'

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Balanced pooled funds posted a median return of 18.4% in the third quarter of 2009, latest pooled pension fund performance results from BNY Mellon Asset Servicing reveal.

The results represented the highest positive quarterly return since 1975, and the third highest since BNY Mellon began benchmarking in the sector. One and three year returns stood at 13.3% and 1...

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