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".
Speaking at a conference in Beijing, Christine Lagarde (pictured) said although the measures already taken to solve the debt crisis were positive, more needed to be done to lift confidence, the BBC reported....
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.
CHINA - Schroders head of Asia ex-Japan equities, Robin Parbrook, has poured scorn on returns made by investors in China in the last two decades, and warned the country still faces major challenges.
China is considering launching a new retirement savings programme similar to US 401k plans, the country's state media has reported.
CHINA - Li Keping, vice chairman for the National Council for Social Security Fund, will leave the fund to join the China Investment Corporation as chief investment officer.
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...