INDIA - Mercer has opened an office in India to research local asset and portfolio management service firms dealing with listed equities.
The company said it was a natural progression following its recent venture into operations in China. Tony Cole, business leader for Mercer's investment consulting business in Asia Pacific, said: "As India...
Norges Bank, New York City, HSBC, Lockheed Martin, RAM, SPAA
INDIA - India's government has presented proposals in parliament that seek to give statutory power to the country's pension regulator, while omitting any mention of allowing foreign investment in the provision of old-age income.
GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.
INDIA - Goldman Sachs Asset Management has acquired India's largest ETF provider Benchmark Asset Management and announced plans to bring actively managed funds onshore.
ASIA - Allianz Global Investors has signaled further expansion into Asia's pension market as a key medium-term objective.