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Pension funds up just 1 per cent by Q3 due to market turmoil

UK pension funds have successfully weathered this year&#39s stock market turmoil, according to the WM company.


Strong performance in the first quarter compensated for dramatic falls in the last quarter of minus 10 per cent. Pensions funds are on average up 1 per cent on the year.


WM executive director Alexa Henderson says: &#34Stormy markets have made a lot of investors very nervous this year. While equities showed negative returns up to the end of September, funds were cushioned by their investments in other areas such as fixed interest and property.&#34


The latest WM Company figures show that overseas equity was hit hardest in the third quarter registering an overall negative return of 16 per cent.

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The value of an investment and any income from it can fall as well as rise and you may not get back the amount originally invested. Forecasts and past performance are not a guide to future performance. Some information and statistical data herein has been obtained from sources we believe to be reliable but in no way are warranted by us as to their accuracy or completeness. These are Neptune’s views and as such this document is deemed to be impartial research. We do not undertake to advise you of any change to our views.

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