ISRAEL - Israel won't provide a "safety net" for pension savings eroded by the global financial crisis, the country's chief markets regulator said, rejecting a demand from the Histadrut labor union.
While Israeli pension funds have lost about 16% of their value since the beginning of the year, they've still posted a 6.2% annual gain over the past decade, Yadin Antebi, the commissioner for capital...
ASIA - Asia ex-Japan and Australian assets are set to double by 2015, reaching $4tr, according to a recent study by Cerulli Associates.
ASIA - Asian institutional investors outside of Japan are looking to boost returns by investing more heavily in liquid alternatives, high yield debt and emerging markets while Japanese investors are looking for non-domestic opportunities, a new survey...
ASIA - Aviva Investors has appointed Patrick Chong as head of financial institutions business development - Asia Pacific.
US/ASIA - BlackRock has appointed ING Investment Management's Joel Kim as head of Asia-Pacific fixed income.
HONG KONG - Northern Trust will begin offering index equity portfolio management services from Hong Kong after receiving regulatory approval this week.