27.07.2011 - Australian super funds poor performers after too much concentration on shares
Superannuation funds have been among the worst performing among developed countries, casualties of their love affair with shares. They logged average returns of -2.8 per cent from 2008 to last year, with only the pension funds of recession-hit Estonia (-3.7 per cent) and Portugal (-3.1 per cent) faring worse among OECD countries..............................................Full Article: Source
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