Romania's pension assets tout double digit returns in 2009

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ROMANIA - Romania's mandatory pension system returned 17.7% in 2009 while the voluntary system boasted returns of 15.9%, figures by the Romanian Pension Fund Association (APAPR) showed.

Actively management fixed income investments and high interest rates helped drive returns, APAPR said. APAPR chairman Crinu Andanut said: "Our pension funds' results remained strong during this ...

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