Canadian schemes down 3.2% in Q2

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CANADA - Canadian pension funds lost 3.2% in the second quarter, but a weak dollar helped shield against even steeper falls in the international equity markets, according to data by RBC Dexia Investor Services.

The second quarter loss wiped out gains in the first quarter, and brought first half returns into the red with assets down 1.4%. RBC Dexia tracks schemes with C$340bn (US$326.8bn) in assets. Non...

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