Canadian funds' currency woes

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CANADA - The high value of the Canadian dollar has again caused problems for pension funds and other institutional investors, according to a report by RBC Dexia Investment Services (RBC DIS).

Canadian pensions were down 0.7% in value at the end of the third quarter, marking only 1.8% growth on the year to date. This was exacerbated by a 17% rise in the value of the Canadian dollar again...

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