Pensions in emerging markets boast faster recovery

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GLOBAL - Pension funds in emerging market countries have outpaced those in developed countries as they recover from the financial crisis, a report by the Organisation for Economic Co-Operation and Development found (OECD).

The organisation said pensions in non-OECD countries showed a "remarkable recovery" in the first half of 2009 despite suffering steep losses in 2008. The average pension fund investment in Hong Kon...

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