Portuguese state fund returns 3.3% in 2001

By Dickon Reid2002-03-01T04:08:00

PORTUGAL- A significant fixed income holding at Portugal’s e3.8bn state-owned buffer fund FEFSS helped protect it from turbulent market conditions in 2001. According to results for last year, the fund returned 3.28%, putting it above the mean return of –0.72% for PPRs, the private sector funds closest to the FEFSS ...