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Sovereign Wealth Funds Briefing - Categorized | Performance

Super fund performance could be worst on record

Posted on 11 June 2009

From Smartcompany.com.au: Research firm Chant West has forecast the median balanced superannuation fund will report a 13.4% fall in the 12 month to 30 June, making 2008-09 the worst year for super funds on record.

Super fund members are on track to suffer losses for the second consecutive year, after the average fund declined 6.9% in 2007-08……..Full Article: Source


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