Large-cap core funds have advanced 13.16% year-to-date, while the small-cap core funds have posted a slightly higher average gain of 13.9%.

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To be clear, the core reasons for this revision pre-date the current economic crisis.

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If the applications - which will be ruled on by Lord Justice Leveson at a later date - are successful, the total number of Core Participants in the inquiry will be 48.

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