Seanad debates
Thursday, 17 November 2011
Social Protection: Statements, Questions and Answers
4:00 am
Joan Burton (Dublin West, Labour)
At the same time, there is approximately €74 billion in Irish pension funds. Irish pension funds, by and large, can put a small percentage into hedge funds. The latter take the bets against the euro and individual European economies based on their prediction as to how the bond market is likely to move.
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