Irish pension funds return 2.2% on average in July

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IRELAND - Irish group pension managed fund returns remained on positive ground at 2.2% in July, according to data from Mercer Investment Consulting.

Overall for the year to date, managed funds returned an average of 5.8%, up from 2002 annual returns of -0.2%. Of the 15 funds tracked, Friends First / F&C was the best performer up 3.3% in July...

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