Crisis forces schemes to rebalance

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NETHERLANDS - Dutch pension funds sold assets worth €26bn (US$33.5bn) during the fourth quarter of 2008, the Dutch central bank and pensions regulator, De Nederlandsche Bank (DNB) has said.

Over the last quarter of the year, Dutch funds sold almost €9bn of equities and €17bn of fixed income assets, including bonds. The DNB said the sales were largely caused by movements on the sto...

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