Thursday, July 3, 2008

Don't they get the news?

From the Wall Street Journal (3-July):
Europe pension funds' taste for stock-market assets grows
Two pension plans, in France and Switzerland, have increased their equity allocations, demonstrating the growing taste among continental Europe's pension plans for the stock market.
A €6.2 billion ($9.79 billion) French fund that is run by the state-owned power company Électricité de ...

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