Dutch pension funds up 3% in Q4 2009

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NETHERLANDS - Assets under management of Dutch pension funds increased by 3% during the fourth quarter of 2009 on the back of equity gains, data by the De Nederlandsche Bank (DNB) revealed.

The central bank - which is also the country's pension funds watchdog - said the funds' grew consecutively for the last four quarters and continued to shift assets from direct investments to mutual...

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