Business
Major Australian pension fund trimming US dollar exposure on weakening outlook
Australia’s second-biggest pension fund says it is reducing its exposure to the US dollar through currency hedging as falling interest…
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Pension
Business
South Korea pension fund initiates new round of strategic FX hedging to support won
The won sharply reversed course on the news to rally as much as 1.6% to 1,458.0 per dollar South Korea’s national pension fund has…
Business
S Korea pension fund initiates new round of strategic FX hedging to support won
The won sharply reverses course on the news to rally as much as 1.6% to 1,458.0 per dollar South Korea’s national pension fund has…
Business
India insurance move opens pension firms to 100% foreign holding
The move comes amid a surge in foreign investment in Indian banks and deeper reliance on Indian tech hubs India’s move to lift investment…
News
Italian Man Concealed Mother's Body After Her Death, Dressed Up as Her to Collect Her Pension
An unemployed Italian man impersonated his dead mother and dressed up as her in a bid to collect thousands of euros every year from her…
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CPF earns Asia-Pacific’s first A in global ranking of pension systems
Singapore’s Central Provident Fund (CPF) has become the first in the Asia-Pacific to earn an A rating in an annual global ranking of…
Business
Shakeout in private equity weeding out weaker players, says Canadian pension fund chief
PRIVATE equity is undergoing a “structural transformation” where returns are being compressed and a process of “natural selection” is…
Business
Canadian pension fund La Caisse gears up to invest C$15 billion in Asia-Pacific
Infrastructure is expected to take up C$9 billion while credit and real estate will account for C$3 billion each La Caisse, one of the…
Business
World’s biggest pension fund puts impact investing on the agenda
A decision by Japan’s US$1.8 trillion pension fund, the world’s biggest, to consider a shift into impact investing has triggered a wider…
Business
China is back on the radar of European pension funds, endowments
Chinese markets are booming on increased optimism over technology breakthroughs and the economy, as well as a shift out of the US European…
Business
Australian pension funds to expand use of forex hedging as size grows
Australian pension funds will have to expand the use of foreign exchange hedging as the sector is likely to grow in size to become the…
Business
Goldman lands US$40 billion mandate from Shell for pension assets
Goldman Sachs Group won a US$40 billion mandate from Shell to oversee pension assets for the energy company, in one of the biggest…
Business
BlackRock loses US$17 billion mandate at Dutch pension fund PFZW
BlackRock has lost a mandate worth US$17 billion with one of the largest pension funds in the Netherlands, amid concerns the world’s…
Business
Australian pension overseeing A$75 billion adds private equity
The move is the latest in a run of private equity allocation increases among so-called superannuation funds within Australia’s A$4.1…
Business
Germany’s 34.1 billion euros pension gives mandate to China stock fund
A German pension fund has tapped a Chinese firm’s Hong Kong arm to help it invest in local stocks, in a rare move among global allocators…
News
Brazilian police probe a pension fraud scheme that stole $1 billion from retirees
SAO PAULO (AP) — Brazil 's federal police said Wednesday they are investigating a scheme that diverted over 6 billion reais ($1.05…
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Social Security update: Payments of up to $5,108 to go out this week
The first round of Social Security retirement benefits for 2025 will be paid this week. Social Security benefits form the bedrock of…
Business
Japan’s largest pension fund GPIF has worst loss since 2020
JAPAN’S government Pension Investment Fund (GPIF) posted its biggest quarterly loss since 2020 as a rebound in the yen erased gains on…
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In 10th yr of launch, enrolments under Atal Pension Yojana touch 70 mn mark
This is the 10th year of the rollout of the Atal Pension Yojana (APY). | Photo: Shutterstock 1 min read Last Updated : Oct 08 2024 | 10:20…