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Tunnel vision at Pension Fund
THE National Pension Reserve Fund, the people's piggybank, is always looking for places to put its cash - providing the return is sufficient.
We predict that in 2005 the funds will be invested in worthwhile and - from the fund's point of view - lucrative investments at home.
We predict the fund will buy the Dublin Port Tunnel as it nears its completion later this year, enabling the revenues that the tunnel produces to go back into the fund. And the Pensions Reserve will begin looking out for similar infrastructural projects with suitable potential returns.
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