Pension funds recorded investment gains

After losses in the first half of the year, the pension funds have once again achieved a positive investment result. Thanks to rising stock and bond prices in the third quarter, the increase in the first nine months was 2.48 percent, according to the Association of Pension and Provident Funds on Thursday. However, criticism came from the Protection Association of Pension Fund Beneficiaries (Pekabe), which considered the result too low due to the relatively high share of stocks in the portfolio.

(APA/Red)

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