The US sub-prime crisis and market volatility created investment opportunities rather than economic threats, Allianz Global Investors chief executive Joachim Faber claims.
Faber said although the economic and investment climate in 2007 was “tough”, the asset management firm had seen operating profits rise to €1.32bn (£1.01bn) in 2007 – an increase of over 22pc per annum...
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.
Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.
Investment consultants and fiduciary managers should expect a final decision on the investigation into the market to be published by the end of the year, the competition watchdog says.