ITALY - The overall subscription to Italian pension funds has increased by 7.2% over 2008, despite severe market turmoil, data by COVIP reveal.
The pension watchdog found the number of members of contractual pension funds grew by 3.3%, in line with its sustained growth of 68.5% since December 2006. Open pension funds saw the number of scheme...
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.