UK - A new study by HSBC Actuaries and Consultants (HSBC) shows that UK balanced pension fund managers saw a -9.1% slump in average returns during Q2 this year, troubled by stock markets dives.
According to the latest IMAGE survey, the median return from the 45 participant funds was hit by the 11% fall in the FTSE All-Share Index during Q2. The figure recovered slightly during 1H 2002 at ...
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