Balanced pooled funds fall by 10.1% in October

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BALANCED pooled funds achieved a median return of -10.1pc in October 2008, CAPS pooled pension fund performance results from BNY Mellon Asset Servicing reveal.

The performance measurement firm said this follows a 10.3pc fall in September. Over one, three and five years to October 31, balanced pooled funds returned -27.3pc, -1.6pc per annum and 4.3pc per...

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