KAD's Performance Exceeds Expectations

Ljubljana, 26 February - The Pension Fund Management (KAD), a state-run fund, posted a net profit of just under EUR 13m for 2006, after transferring the bulk of its earnings (EUR 39m) to the Pension and Disability Insurance Institute. Its net revenues in 2006 have exceeded plans by 6%, KAD said in a press release on Monday.