CHINA / GERMANY - Harvest Fund Management Co Ltd, a Deutsche Bank AG fund joint venture, has reportedly won approval to invest overseas under China's Qualified Domestic Institutional Investor (QDII) programme.
INCLUDING: NIGERIA - Pension assets hit US$4.8bn; UK - Waltham Forest shakes up management; GLOBAL - Watson Wyatt releases its managerial performance; EUROPE - International Asset Management in CEO appointment.
Including: JAPAN/SINGAPORE - Daiwa examines shariah ETF; UK - Myners' fourth report on shareholder voting; UK -Threadneedle plans UK 130/30 launch
INCLUDING: US - Bill to broaden 401(k) fee disclosure; JAPAN - Markets to rise; UK - New CEO for BP fund;
INCLUDING: SCANDINAVIA - F&C appoints Orving; SPAIN - ETF license issued to BBVA; UK - University appoints Quantum; UK - PPF initiative; US - T. Rowe Price Group results
INCLUDING: UK - Resolution becomes Friends; AUSTRALIA - Property fund success; ASIA - Pakistan pulls in professional help; JAPAN - Nomura reports first quarter results
GLOBAL - Institutional investors in North America and Europe reined in their appetite for risk this month, according to new research from State Street Global Markets.
ASIA - A Watson Wyatt survey of some of the largest institutional investors in Taipai, Hong Kong, Singapore and Kuala Lumpur has found liability driven investment (LDI) is still overwhelmingly equated with bonds and the use of swaps is minimal.
Including: ITALY/FINLAND - EC launches action over dividends; UK - Pensions Regulator publishes 2006-07 report; CANADA - Université du Québec appoints RBC Dexia; BRAZIL/CANADA - OTPP buys into mining company
EUROPE - A new report has claimed the introduction of lifecycle investing strategies in Central and Eastern European countries (CEE) has been one of just a series of notable developments enabling the region to get on the right track for pension provision....