Message For The 50th World Day Of Prayer For Vocations Sign Of Hope Founded...
Vatican City, 15 December 2012 (VIS) - The Holy Father's Message for the 50th World Day of Prayer for Vocations, to be celebrated on 21 April 2013, fourth Sunday of Easter, was published today, ...
View ArticleSwedish companies avoid the red
Swedish pension companies were given favourable evaluations by The Swedish Financial Supervisory Authority, Finansinspektionen (FI), in the Q2 2007 traffic light report. No insurance companies ...
View ArticleFidelity International Real Estate Business expands into Germany
Fidelity International’s Real Estate Business is planning to expand into the Continental European market with the opening of a dedicated Fidelity Real Estate Business office in Munich. The ...
View ArticleFI says pensions companies have a buffer for further turbulence
Pension and non-life insurance companies can withstand further fluctuations on the financial market, and thereby have a good capacity to fulfil their commitments to customers, according to Swedish ...
View ArticleSEI wins first industry-wide mandate
SEI has been selected as Fiduciary Manager by Dutch furniture industry pension fund Bpf Meubel in the company’s first industry-wide scheme appointment. The mandate win will see SEI ...
View ArticleFirst global sound practices guide for FOHFs
The world’s first global guide to sound practices for fund of hedge funds (FOHFs) managers is to be published by the Alternative Investment Management Association (AIMA) in early 2009. The ...
View ArticleZurich Ireland outperforms market despite slump in new Life Insurance business
The Irish branch of Zurich (Eagle Star Life) has revealed that for the six months ending June 2008 it has outperformed the market, with Pensions Annual Premium new business of €47.4 million. ...
View ArticleWorld pension assets grow to US$12 trn
, also showed that most major countries recorded increases in assets, and that the size of these assets has more than doubled over five years. ';The world’s largest pension funds ...
View ArticleSarkozy accusation leads to industry call for clarification
French President Nicolas Sarkozy has blamed the current financial turmoil on hedge funds. At the United Nations General Assembly on Tuesday 23 September 2008, Sarkozy stated that an overhaul and ...
View ArticleSwiss economy will neither boom nor bust
The Swiss economy is expected to neither boom nor go bust in 2009, according to economists at Credit Suisse. Thus far, the Swiss economy has proven to be robust, and although the current ...
View ArticleLaunch of world’s fifth largest insurance company
Aviva Investors has officially launched, marking the creation of the world’s fifth largest insurance company. The company is investing to transform its asset management business over the ...
View ArticleLowest asset growth among world top managers
The total assets under management among the world’s 500 largest fund managers grew by around nine per cent in 2007 to US$69.4trn, according to ...
View Articledb x-trackers achieves massive global growth
The year 2008 represented a record growth in assets under management (AUM) for db x-trackers, Deutsche Bank’s exchange traded fund (ETF) platform, amongst all ETF providers globally. The ...
View ArticleLiquidation shock provokes industry warning
The importance of pension fund trustees continuing to review the strength of their sponsoring employers is highlighted by a sharp rise in the number of insolvency events, according to Watson Wyatt. ...
View ArticleNorway Global fund suffers 7.7 drop
Norway’s Government Pension Fund – Global recorded all-time low returns of -7.7 per cent in quarter three of 2008 (Q3 2008), 1.8 per cent lower than that on the benchmark portfolio ...
View ArticleSGAM sells London business
Societe Generale Asset Management (SGAM) has sold its London subsidiary (SGAM UK) to GLG Partners, Inc. SGAM UK currently manages $8.2bn worth of assets, equating to around 2.5 per cent of ...
View ArticleRecession looms for Swiss economy
The Swiss economy is set to slide into recession in 2009, predict experts at Credit Suisse. Switzerland’s real economy finally felt the full force of the financial crisis in late 2008. ...
View ArticleGlobal pension systems ‘tested on every level’
show that assets fell from around US$25trn to US$20trn, with the global pensions balance sheet also shrinking by around 29 per cent in 2008. The financial consultant says this reflects the ...
View ArticleGrowing number of multinationals considering global policies
The number of multinationals that plan to implement global funding policies across all aspects of retirement plan management by 2010 has increased to 87 per cent, according to Mercer. The ...
View ArticleSwiss economy still suffering
The prospects for the Swiss economy have changed marginally in the latest Financial Market Test Switzerland, conducted by Credit Suisse in cooperation with the Centre for European Economic Research ...
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