LONDON, Dec 2- Pension funds in some emerging economies have grown strongly as a percentage of gross domestic product, but others have been stagnant, data from the OECD shows. To read an article on the urgency of pension reform, please click:. *data until 2011 Source: Organisation for Economic Co-operation and Development.» Read More
LONDON, Nov 22- Investors are going to have to work far harder in 2014 to replicate this year's bumper gains by turning over more trades or pushing out into riskier investments. I think 2014 is going to be tricky, to capture value you're just going to have to be tactical, "said Chris Goekjian, chief investment officer of hedge fund Cheyne Capital.
NEW YORK, Nov 21- A decision on whether to approve Bank of America Corp's proposed $8.5 billion settlement with investors in mortgage securities is now in the hands of a New York state judge, after a nine-week court proceeding ended on Thursday.
TOKYO, Nov 21- Japan's Nikkei share average soared 1.9 percent to six-month highs on Thursday, galvanized by a jump in foreign buying and plans by a major government fund to invest more of its $2 trillion funds in riskier assets. The Nikkei added 289.52 points to 15,365.60, also helped by a weaker yen spurring exporters higher.
TOKYO, Nov 21- Japan's Nikkei share average soared 2.0 percent to six-month highs on Thursday morning, spurred by a jump in foreign buying and plans by a major government fund to invest more of its $2 trillion funds in riskier assets.
TOKYO, Nov 20- The world's biggest pension fund is preparing its most ambitious overhaul since its creation more than a decade ago, a process that will eventually see more of Japan's $2 trillion in public funds invested in stocks and other riskier assets and relatively less parked in government bonds.
TOKYO, Nov 20- The world's biggest pension fund is preparing its most ambitious overhaul since its creation more than a decade ago, a process that will eventually see more of Japan's $2 trillion in public funds invested in stocks and other riskier assets and relatively less cash parked in government bonds.
NEW YORK, Nov 18- Thousands of victims of Bernard Madoff's fraud, including many who have so far recovered nothing, may start pursuing an additional $2.35 billion to cover some of their losses, U.S. It is being held in a Madoff Victim Fund and overseen by special master Richard Breeden, a former U.S.
BEIRUT, Nov 15- The World Bank will set up a trust fund to raise hundreds of millions of dollars to help Lebanon bear the cost of hosting a human wave of refugees from Syria, the bank's regional director said on Friday.
NEW YORK/ BOSTON, Nov 14- American boardrooms are looking grayer than ever.
SAO PAULO/ RIO DE JANEIRO, Nov 11- Brazil's high and rising interest rates are likely to keep attracting bond investors next year despite the country's struggle with a deteriorating budget, high inflation and low growth.
Nov 4- BlackBerry Ltd is abandoning a plan to sell itself and instead will replace its chief executive officer and raise about $1 billion from institutional investors, including its largest shareholder, the smartphone maker said on Monday. Shares of BlackBerry dropped 19 percent to $6.33 in premarket trading.
NEW YORK/ LONDON, Nov 1- Gold fell about 1 percent on Friday, posting its biggest weekly loss in seven weeks, as renewed anxiety about the U.S. Richmond Fed President Jeffrey Lacker said on Friday that the U.S. labor market has recovered enough in the last 14 months to allow the central bank to reduce its bond-buying stimulus.
TEL AVIV, Oct xx- High-tech entrepreneur Eyal Waldman decided he had had enough of Israeli investors when they told him to choose between his titles of chairman and chief executive at the company he co-founded, Mellanox Technologies. "Mellanox is not an impulsive company. is something we were thinking of, that we saw build up.
TOKYO, Oct 30- Japanese government bond prices ended the morning session steady to slightly higher on Wednesday, with the 7- year through 20- year curve steepening by 1 basis point from the previous session. Federal Reserve's policy announcement later on Wednesday and the Bank of Japan's meeting on Thursday.
CHICAGO, Oct 25- Illinois's Teachers' Retirement System, the state's biggest public pension fund, said on Friday that its unfunded liability grew by 7 percent in the latest fiscal year even as investment returns jumped, driven by chronic underfunding by the state.
NEW YORK, Oct 22- JPMorgan Chase& Co is nearing an agreement worth close to $6 billion with a group of institutional investors to settle claims over shoddy mortgage-backed securities issued in the run-up to the financial crisis, a source familiar with the talks said.
NEW YORK, Oct 22- JPMorgan Chase& Co is nearing a $6 billion deal with a group of institutional investors to settle claims that the bank sold them substandard mortgage-backed securities in the run-up to the financial crisis, a source familiar with the talks said.
NEW YORK, Oct 10- Brevan Howard Asset Management LLP, one of the world's largest hedge fund firms with $40 billion in assets, is posting lackluster performance in its flagship fund and heavy losses in its emerging market portfolio.
SAPPORO, Japan, Oct 10- When a Tokyo- based investment manager set out to win business from a pension fund in northern Japan, the cost included dozens of nights drinking at Club Godfather, a discrete watering hole with a $200 cover charge and kimono-clad hostesses.
*Australian self-managed pension funds account for $470 bln. SYDNEY, Oct 7- Risky, high-yielding debt is being sold to Australian retail investors who manage their own pension savings, a move that underlines growing risks associated with the country's $1.5 trillion private pensions system, the world's fourth largest.