Pension
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Major Australian pension fund trimming US dollar exposure on weakening outlook
[SYDNEY] Australia’s second-biggest pension fund says it is reducing its exposure to the US dollar through currency hedging as falling interest rates and ongoing global volatility have investors around the…
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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 [SEOUL] South Korea’s national pension fund has initiated a new round of…
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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 [SEOUL] South Korea’s national pension fund has initiated a new round of…
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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 [NEW DELHI] India’s move to lift investment caps on the insurance…
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Salary Sacrifice Pension Perks Capped: What UK Workers Need to Know After Budget Change
Chancellor Rachel Reeves’ Budget announcement has confirmed a significant change to the way salary sacrifice pension contributions will be treated in the United Kingdom. From April 2029, workers who use…
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Son Busted in ‘Mrs. Doubtfire’ Style Scheme to Steal Dead Mom’s Pension
A 56-year-old Italian man successfully disguised himself as his mother to collect her pension. The man was, for a time, successful in pretending to be his mother, Graziella Dall’Oglio, who…
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CPF earns Asia-Pacific’s first A in global ranking of pension systems
“First-class” retirement income systems that are robust, sustainable, deliver good benefits and have a high level of integrity get an A from Mercer [SINGAPORE] Singapore’s Central Provident Fund (CPF) has…
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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 weeding out weaker players, said Charles Emond, president and chief executive…
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Canadian pension fund CDPQ gears up to invest S$13.9 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 [SINGAPORE] La Caisse, one of the largest pension funds globally, aims…
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World’s biggest pension fund puts impact investing on the agenda
[TOKYO] 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 adjustment among the country’s money managers. The…
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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 [HONG KONG] European pension funds, endowments and other…
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Australian pension funds to expand use of forex hedging as size grows
[SYDNEY] 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 second-largest globally with a…
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Goldman lands US$40 billion mandate from Shell for pension assets
[NEW YORK] Goldman Sachs Group won a US$40 billion mandate from Shell to oversee pension assets for the energy company, in one of the biggest outsourced deals of its kind. …
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Seniors Back To Work As Ageing Germany Battles Pension Burden
At age 70, Pete Maie appears nervous at the start of a job interview to work as a part-time parcel delivery driver for a German logistics company. “It’s a little…
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BlackRock loses US$17 billion mandate at Dutch pension fund PFZW
[AMSTERDAM] BlackRock has lost a mandate worth US$17 billion with one of the largest pension funds in the Netherlands, amid concerns the world’s biggest money manager isn’t acting in the…
