GLOBAL - Irish pension funds were hit by the worst investment returns of the OECD area in the period from January to October 2008, with a -30% loss in nominal terms, figures released by the Organisation for Economic Co-operation and Development (OECD) have shown.
The OECD pointed out the impact of the crisis on investment returns had been greatest where equities represented over a third of total assets invested. Ireland was the most exposed to equities - w...
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