Four executives of AIJ Investment Advisors have been arrested in an alleged fraud relating to missing pension fund money.
CHINA - The head of the IMF pleaded with China to support the eurozone as she warned the global economy is heading for a "lost decade".
ASIA - Asia ex-Japan and Australian assets are set to double by 2015, reaching $4tr, according to a recent study by Cerulli Associates.
ASIA - Asian institutional investors outside of Japan are looking to boost returns by investing more heavily in liquid alternatives, high yield debt and emerging markets while Japanese investors are looking for non-domestic opportunities, a new survey...
GLOBAL - PIMCO has hired five new investment staffers in London, New York and Singapore to round out its emerging markets equities team, with two joining from Goldman Sachs Asset Management (GSAM).
ASIA - Aviva Investors has appointed Patrick Chong as head of financial institutions business development - Asia Pacific.
US/ASIA - BlackRock has appointed ING Investment Management's Joel Kim as head of Asia-Pacific fixed income.
HONG KONG - The government has put pressure on investment managers to lower the fees they charge to run money for the massive Mandatory Provident Fund.
KOREA - Mercer has set up an investment management business in Korea to help local institutional investors take advantage of global market opportunities.
CHINA - Schroders head of Asia ex-Japan equities, Robin Parbrook, has poured scorn on returns made by investors in China in the last two decades, and warned the country still faces major challenges.
HONG KONG - Northern Trust will begin offering index equity portfolio management services from Hong Kong after receiving regulatory approval this week.
Recently released year-end results show assets under management for Japanese asset managers were down 12% in the year ended March 31, as Gavin Blair reports
CANADA/JAPAN - The Canada Pension Plan Investment Board (CPPIB) and Global Logistic Properties (GLP) have formed a joint venture to invest in the country's logistics network.
US/ASIA - Acadian Asset Management Singapore has appointed Ho Yew Weng as director of institutional sales for Asia-ex Japan.
JAPAN - Japan's public pension fund scraped a small return on its investments in the second quarter after its assets fell by $33bn, its latest report shows.
JAPAN - The implementation of new accounting rules that would have forced companies to book pension fund shortfalls as liabilities on their balance sheets is to be postponed, according to reports.
JAPAN - Credit rating agency Moody's has downgraded Japan's sovereign debt rating by one notch, saying weak political leadership has hampered growth.
ASIA - ING Investment Management Asia's CIO believes the yuan will become a reserve currency within the next two years driven by the ongoing debt problems in Europe and the US.
ASIA - HSBC Securities Services (HSS) has launched a fund administration infrastructure and operating model in Asia to help pension funds and other clients increase transparency in light of volatile markets and regulatory scrutiny.
JAPAN - Mercer is considering launching its implemented consulting service in the Japanese institutional market.
China is considering launching a new retirement savings programme similar to US 401k plans, the country's state media has reported.
JAPAN - Japan's corporate pension funds have twice as much money entrusted to pooled accounts run by life companies and trust banks as they have under mandates awarded to asset managers, research shows.
MALAYSIA - Aberdeen Asset Management has hired Suhaila Suboh as Asian fixed income strategist and plans to expand the Asian debt team in Kuala Lampur, the firm said.
CHINA - Li Keping, vice chairman for the National Council for Social Security Fund, will leave the fund to join the China Investment Corporation as chief investment officer.