Hungary risks fund exit on pension grab, Pioneer says.

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HUNGARY - Hungary's plan to take over some pension assets held by fund management companies will "frighten" investors and may drive investment firms out of the country, Pioneer warns.

The government told Hungarians on November 24 to move private- pension fund assets to government control or lose their state pension, an ultimatum designed to shift Ft3trn ($14.2bn) of privately ma...

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