SWITZERLAND - Confidence of Swiss pension funds showed a marked rise for the first quarter of 2003, in spite of a raft of bad news for the financial markets, according to Bearbull Gestion Institutionnelle's latest Confidence Index.
The index rose by 2.26 points, to 100.20, from its 4th quarter level of 97.94 points. Alongside the rise in confidence, there was a significant drop in pension funds declaring themselves “worried”...
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