Former CDPQ leader takes post in Canadian finance ministry
December 07, 2020 03:11:44 PMMichael Sabia, former president and CEO of the Caisse de Depot et Placement du Quebec, was named Canadian deputy finance minister.
China removed from investors must-visit list
February 24, 2020 12:00:00 AMVirus transforms jet-setters into homebodies, adding new wrinkles to business practices that traditionally favored face-to-face meetings.
German pact to boost benefits for retirees
November 11, 2019 11:53:01 AMGerman Chancellor Angela Merkel's government struck a compromise to bolster retirement income for as many as 1.5 million long-term earners.
Russia unnerved by Putin's silence over pension age hike
July 19, 2018 01:00:00 AMA proposal to increase the pension age in Russia has triggered a backlash, fueling speculation the Kremlin might soften the reform.
Willis Towers Watson adds head of credit for Australia
June 27, 2018 01:00:00 AMWillis Towers Watson taps Simon James, a portfolio manager with Funds SA, as its head of credit for Australia.
Russia to raise retirement age by 5 years for men, 8 for women
June 14, 2018 01:00:00 AMThe Russian government is set to raise the retirement age by five years for men and by eight years for women.
Kremlin critic Bill Browder let go in Spain after Interpol intervenes
May 30, 2018 01:00:00 AMHermitage Capital Management founder Bill Browder was released after a brief detention by Spanish police on a Russian arrest warrant.
Police seize bags filled with $29 million cash in 1MDB probe
May 25, 2018 01:00:00 AMMalaysian police seized about $29 million in cash and hundreds of handbags in raids linked to former Prime Minister Najib Razak amid an investigation into 1MDB.
First State Super taps Metlife Australian insurance head as next CEO
May 23, 2018 01:00:00 AMFirst State Super will install Metlife insurance head Deanne Stewart as its next CEO when current chief retires at the end of November.
Najib queried on 1MDB as task force seeks to recover funds
May 22, 2018 01:00:00 AMThe Malaysian Anti-Corruption Commission questioned former Prime Minister Najib Razak over 1MDB, as a special task force hones in on recovering assets.
BlackRock to sell minority stake in India joint venture to partner DSP Group
May 08, 2018 01:00:00 AMBlackRock to sell 40% stake in DSP BlackRock Investment Managers it bought in 2008, citing need for partners to take different paths.
China's next debt bomb is an aging population
February 05, 2018 12:00:00 AMChina's pension shortfall is emerging as the next big challenge for policymakers as they intensify their years-long campaign to keep rising debt from derailing the economy.
Modi eases rules for foreign investors as India growth slows
January 11, 2018 12:00:00 AMIndian Prime Minister Narendra Modi eased restrictions on foreign direct investment across several sectors.
Theresa May taps new secretary of state for work and pensions
January 09, 2018 12:00:00 AMEsther McVey was appointed secretary of state for work and pensions as part of a reshuffle by Prime Minister Theresa May.
Catalonia independence declaration makes mark on markets
October 27, 2017 01:00:00 AMStocks, bonds and currency markets moved Friday as the situation in Spain escalated following a declaration of independence by the Catalonia parliament.
Brexit bill swells on pensions as European Parliament draws red lines
September 27, 2017 01:00:00 AMEfforts to unblock the Brexit stalemate suffered two setbacks as data showed swelling European pension costs would add to Britain's exit bill.
South Africa labor union eyes dumping PIC for privately owned managers for pension fund
September 21, 2017 01:00:00 AMAfrica's biggest fund manager may be dumped by a labor federation representing 230,000 South African state workers.
GoldenTree hires managing director to lead new Sydney office
September 12, 2017 01:00:00 AMRussell Taylor joined GoldenTree Asset Management's newly opened office in Sydney as managing director.
Mercer Investments appoints new CIO for Australia, New Zealand
September 06, 2017 01:00:00 AMKylie Willment will join Mercer Investments as chief investment officer, Australia and New Zealand, effective Oct. 25.
De Nederlandsche Bank names new executive director
July 11, 2017 01:00:00 AMElse Bos was named executive director and chairwoman for prudential supervision at Dutch financial watchdog De Nederlandsche Bank.
China International Capital Corp. to acquire 50.1% stake in Krane Funds Advisors
July 11, 2017 01:00:00 AMChina International Capital Corp. will acquire a 50.1% stake in Krane Funds Advisors, the provider of the China-focused KraneShares exchange-traded fund series.
Greenwich: Asian institutional asset growth stalling, even as outsourced assets grow
July 07, 2017 01:00:00 AMA Greenwich Associates survey of large institutional investors in Asia ex-Japan found a decade of steady growth of institutional assets in the region stalling over the past year.
European Commission proposes use of pan-European personal pension products
June 29, 2017 01:00:00 AMThe European Commission proposed granting pension providers a passport to distribute pension products across the European Union.