GLOBAL - Balanced pooled funds posted a negative median return of -4.1% in the second quarter 2006, ending a run of positive returns that stretched back to Q1 2003, Mellon Analytical Solutions has found.
According to Mellon, a typical balanced pooled fund worth £100m at 31 December 1999 would have been worth £119.93m at end Q1 2006, but would have fallen to £115.17m at the end of Q2 this year. But ...
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