Pension funds opt to ride out storm

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GLOBAL - While the effects of the sub-prime crisis and credit crunch rumble on in the world's financial markets, some 65% of the pension funds surveyed in this month's Global Pensions 100 Panel have claimed they will "sit tight and ride out the storm".

With some predicting US - and potentially global - recession, the survey asked the panel members what course of action they planned to take with their investment portfolios. Only 15% of respondents...

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