Pension assets worldwide up 14% in 2009

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GLOBAL - Global pension assets totalled US$29.5trn at year end 2009, up 14% from the previous year, according to a report by the International Financial Services London.

Assets still remain down from their 2007 levels when pension funds managed US$31.7trn. Data by the Organisation for Economic Co-operation and Development (OECD) showed that returns for most coun...

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