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Minister urges pensions investment in developing countries

A Government minister is urging pension funds to invest more in developing countries.


It is also backing multi-national companies operating in developing countries who were targeted by anti-world trade organisation activists.


UK pension funds control assets of £800bn and own more than a third of the London stock exchange.


International development secretary Clare Short says: “We want to see the benefits of the great wealth being generated by globalisation reach the poorest countries.”

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