GLOBAL - Franklin Templeton's Mark Mobius has said Russia is his current emerging market of choice and suggested concerns over corporate governance are misplaced.
Africa and Russia represent some of the best investment opportunities for funds considering emerging and frontier markets, Danish pension funds heard.
UK/RUSSIA - Trustees of HMV's pension scheme are in discussions with the retailer over its intended £53m ($85m)sale of the Waterstone's book chain.
RUSSIA - Russian Finance Minister Alexei Kudrin's proposal to raise the retirement age is an attack on the United Russia party that Prime Minister Vladimir Putin chairs, a senior party official said.
Raquel Pichardo-Allison talks to Pavel Teplukhin, president of Troika Dialog Asset Management, about the state of Russia's pension reform five years after the second pillar went into force
EUROPE/CENTRAL ASIA - Pension funds in Europe and Central Asia should provide pension increases in line with cost of living indexes instead of wages to make the systems more sustainable, the World Bank said.
RUSSIA - Barclays Bank has hired Bob Foresman as managing director to lead its Russian investment management and investment banking business, the bank said today.
RUSSIA - Aviva has agreed to acquire ING Group's non-state pension fund business along with its holding company in Russia, making it the largest foreign-owned manager of non-state pension funds.
RUSSIA - The Russian government will allocate an extra R600bn (US$17.9bn) for social needs, the bulk of which is intended for pension and other off-budget funds, said Prime Minister Vladimir Putin in his speech to the state Duma yesterday.
RUSSIA - Russian pensions will increase by over a third by the end of 2009, prime minister Vladimir Putin has pledged.
RUSSIA - The government has announced reforms to the way pension funds, insurance companies and state financial institutions can invest in the markets after two days of central bourse closures left the Russian economy reeling.
RUSSIA - A new fund has been created to support Russia's pension systems, the country's finance ministry has announced.
RUSSIA - Health and social development minister Mikhail Zurabov has proposed excluding the saving component from the mandatory state pension insurance and urged people to set up private pension plans.
RUSSIA - Russian energy giant Gazprom has approved a deal to sell a 24.8% stake in Gazprombank to non-state pension fund Gazfond.
RUSSIA - The Russian market is likely to improve in the short term as investor's "appetite for risk" is on the upswing, the Eastern European Trust (EET), managed by Pictet Asset Management, has predicted.
RUSSIA - Investors can not afford to take a passive approach to investing in Russian stocks, Hermitage Capital Management has warned.
RUSSIA - Russia is considering giving tax relief to non-state pension funds in a move to kickstart voluntary pension savings.
RUSSIA - Moscow-based RTS Stock Exchange (RTS) and Standard & Poor's have joined forces to develop a new generation of Russian equities indices.
RUSSIA - High oil and gas prices, excessive discounts, underlying economic strength and the potential for further political reform are maintaining a compelling environment for Russian equities, according to Baring Emerging Europe plc.
RUSSIA - The transfer of Russia's state pension fund assets is going to fund managers affiliated to financial industrial groups, prompting claims of an Enron-style scandal.
AUSTRIA/RUSSIA - Raiffeisenbank Austria, the subisidiary of Raiffeisen International, has acquired the Moscow-based private pension fund Dobroe Delo, for an undisclosed amount.
RUSSIA - The Brunswick Russian Directional Fund is up 78% in 2003 (to 31 December 2003), beating the market by 20%.
RUSSIA - Political volatility in Russia will not hinder the long-term investment potential of the country, researchers say.
RUSSIA - Uncertainty currently surrounds the Russian political situation with parliamentary elections due in December this year followed by presidential elections next March.