Pension fund assets struggle to return to pre-crisis levels

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GLOBAL - Pension fund assets are still below pre-crisis levels despite improvements, research by the Organisation for Economic Co-operation and Development (OECD) has revealed.

It said rebounding equity prices last year helped pension funds in OECD countries recoup around US$1.5trn of the $3.5trn in market value they lost in 2008, although assets remain about 9% below Dec...

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