RUSSIA - The process of setting up a public council to monitor pensions investments is nearing completion, according to reports by the ITAR-TASS news agency from Novosibirsk.
The presidential decree made on 24 July sets up a public council to supervise the formation of the accumulated part of pensions and investment policy of pension funds.
To meet once every quarter, the council is a non-profit making organisation made up of 12 to 30 members which will have the right to receive information from the authorised federal agency on investing pension money.
In addition the council will have the jurisdiction to set up expert groups with the participation of foreign specialists to ensure the maximum effectiveness of investments.
Here are key takeaways from our 2019 Asset Allocation Outlook on how we are positioning asset allocation portfolios in light of our outlook for the global economy and markets.
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