ITALY - Italian pension schemes are asking fund managers to switch to low volatility cash-like instruments that can be liquidated quickly, MandateWire reports.
It said the EUR252m (US$325m) Ente Nazionale Previdenza e Assistenza dei Veterinari (ENPAV), a pension fund for veterinaries, will in 2009 concentrate on products with low volatility that can be liquidated...
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.