More Irish woe

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IRELAND - Managed pension fund values fell lower than where they were the end of 2005 last month with €15bn ($23.8bn) being wiped out in the year to date, according to Rubicon Investment Consulting.

Despite positive results earlier in the quarter, the average fund fell 3.7% over the last three months bringing the decline so far in 2008 to 14.7%. Jerry Moriarty, director of policy, Irish Ass...

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