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Mid-size corporate pension plans cite risk as their No. 1 concern even as the promise of high investment returns in a rising market is luring them to invest in more volatile assets, a survey found.

The poll of 166 midsize U.S. corporations with pension assets of $50 million to $500 million, conducted in September and October by Fidelity subsidiary Pyramis Global Advisors, found the top three concerns were risk management (31 percent), low return environment (29 percent) and volatility (24 percent).

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