Spanish pension plans down in October

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SPAIN - Assets under management of pension funds falling under the individual system category decreased 0.63% during the month of October, data from research company VDOS Stochastics revealed.

The total managed by those funds - which collect and invest pension contributions paid only by employees and not by employers - was €50bn (US$74.7bn) at the end of last month. However, total ass...

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