BELGIUM - Belgian pension funds returned a healthy 8.4% in 2004, compared to 9.6% in 2003, according to provisional estimates released by Mercer Investment Consulting.
Pension funds posted a return of 4% in the fourth quarter of 2004, with equities returning 5.7% and bonds returning 2.3%. Willy Santermans (pictured), chief actuary at Mercer Belgium said that t...
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