CHILE - The value of foreign investments of Chilean pension schemes posted in December 2008 a year-on-year decline of 37.9%, mainly due to asset values drops, Chilean pension watchdog Superintendencia de Pensiones has found.
Equities investments make up the largest share of the funds' foreign assets portfolios with an 88% allocation. Within this, 82.5% is allocated to foreign mutual funds and the rest to exchange trade...
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