Chile's SWFs up 6.9%

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CHILE - Chile's Pension Reserve Fund (PRF) and the Economic and Social Stabilization Fund (ESSF) have returned on average 6.9% since their creation in 2006 to December 2009, ministry of finance Andrés Velasco revealed.

The two sovereign wealth funds generated US$2.8bn additional resources, bringing total assets under management for the two funds to $14.7bn at the end of last year. Velasco said: "We reached the...

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