Portuguese pension funds see 0.8% Q3 rise

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PORTUGAL- Pension funds posted a median return of 0.8% during the third quarter, or a weighted average return of 1.2%, according to Watson Wyatt. Year to date returns for pension funds has been 3.2% median and 4.9% weighted.

Higher oil prices and their impact on global inflation, interest rates and the pace of economic growth and concens over terrorism combined to depress equity returns in Portuguese pension fund portf...

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