Irish funds return 13%

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IRELAND - Group pension managed funds returned 13% during an "excellent" 2006 that was capped off by a strong rally in December, Rubicon Investment Consulting has found.

The ten main managed fund providers in the country achieved returns ranging from 9.1% (Setanta Asset Management) to 14.7% (AIB Investment Managers) during the year. These fund's averaged 3.4% in D...

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