ITALY - The pensions regulator (Commissione di Vigilanza sui Fondi Pensione - COVIP) has issued directives for pension funds to adapt to the reformed welfare system to be introduced in January 2008.
The signing and publication of these directives marked a step forward in the long-awaited pensions reform which was postponed to 2008 by the government led by Silvio Berlusconi. COVIP president Luigi...
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".
ITALY - BNL/BNP Paribas Employees' Pension Fund has hired State Street Global Advisors to run an €82m ($113m) custom fixed income mandate while the Cariplo Pension Fund renewed a European equity mandate worth $71m.
ITALY - State Street has strengthened its European presence with the opening of two new offices in Milan and Turin, Italy. The move is part of the company's successful integration efforts with Intesa Sanpaolo (ISP) which has a presence in both Italy and...
Raquel Pichardo-Allison reports on a new wave of activism starting to swell in Italy
ITALY - Mercer has strengthened its management team in Italy with four internal appointments.