A German pension fund, primarily intended to finance the retirement of Berlin dentists, has lost about half of its assets. Nearly €1.1 billion out of the €2.2 billion entrusted, following risky investments in private loans, stakes in unlisted companies, and real estate.
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A German pension fund, primarily intended to finance the retirement of Berlin dentists, has lost about half of its assets.
Nearly €1.1 billion out of the €2.2 billion entrusted, following risky investments in private loans, stakes in unlisted companies, and real estate.