CPF forms strategic panel
SINGAPORE - The Central Provident Fund (CPF) has set up an international panel that will advise the fund's board on strategic issues and aims to improve members' retirement sums.
The Central Advisory Panel (CAP) will also look at ways to enhance the returns on investments made by members using their CPF savings, and will be comprised of both local and foreign experts from the financial...
More on Singapore
PIMCO bulks up emerging markets equity team
GLOBAL - PIMCO has hired five new investment staffers in London, New York and Singapore to round out its emerging markets equities team, with two joining from Goldman Sachs Asset Management (GSAM).
Aviva appoints Asia investment heads
ASIA - Aviva Investors has appointed Kevin Talbot as chief investment officer (CIO) of fixed income and Manish Singhai CIO of equities in Asia.
Taiwan fund appoints Russell as transition manager
TAIWAN - The Public Service Pension Fund (PSPF) has appointed Russell Investments as transition manager in what is thought to be the first mandate win of its kind in the country.
Norway's Pension Fund to boost investments in Asia
NORWAY/ASIA - Norway's sovereign wealth fund, the world's second largest, will increase investments in Asia, as the region leads the global economic recovery, said Norges Bank Governor Svein Gjedrem.
Singapore union seeks higher pension contributions
SINGAPORE - Singapore should consider asking companies to contribute more to employees' pensions as the nation's economy improves, said Lim Swee Say, secretary-general of the National Trades Union Congress.
