IRELAND - The Irish Association of Pension Funds (IAPF) has endeavoured to calm fears following reports that the collapse in share price of pharmaceutical giant Elan wiped millions off the value of Ireland's pension funds.
Gerry Ryan, vice chairman of the IAPF, said that the amount of assets claimed to have been lost following Elan’s recent share slump did represent a “significant event”, but that Irish funds were di...
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