EUROZONE - Pension funds within the eurozone breathed a sigh of relief in July as the US dollar ceased to fall, slipping into the summer trend of sideways trading.
European pension funds, which typically have a high allocation to US dollar denominated securities in their international portfolios, have been hit hard by the US dollar’s 22.5% depreciation agains...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
