Asian countries are exposing their citizens to a concentration of risk comparable to that which occurred in the Enron scandal, delegates at Mercer's Asia Pacific Investment Forum have been told this week
Investors considering entering African frontier markets should do so sooner rather than later to take advantage of the growth opportunities in the area, warned one expert.
INCLUDING: AUSTRALIA - Sherry meets UK expert; GLOBAL - Watson Wyatt results; GERMANY - Allianz writedowns; CANADA - Gov urged to change regulations
Including: JAPAN - DC plans go mobile; UK - SEI appoints institutional client service director
GLOBAL - State Street Corporation has signed a lease for a new operations centre in Krakow, Poland.
GLOBAL - JPMorgan Investor Services is extending its Compliance Reporting Services product to assist clients in monitoring their Socially Responsible Investment (SRI) restrictions.
Including: US - Yahoo! shareholders amend class action; UK - Aberdeen acquires Goodman Property Investors; US - Citi and StateStreet sell CitiStreet; ITALY - Parmalat settles with Hermes; US - CalPERS CEO sets retirement date; UK - Xafinity wins YMCA...
Pension funds and institutions are being urged by campaigners to divest from FTSE 100 mining company, Vedanta, as it plans to mine a tribal area of India.
MEXICO - Pension reform and a strong economy could see an annual inflow of up to US$10bn of domestic institutional money into the Mexican stock exchange, creating opportunities for global investors.
GLOBAL - Credit Suisse has lost its entire European transition management team following a major restructuring which will see execution of deals shifted to New York.