US/ASIA - Acadian Asset Management Singapore has appointed Ho Yew Weng as director of institutional sales for Asia-ex Japan.
US - J.P. Morgan Asset Management has hired James Gearin as chief operating officer of its retirement plan services business.
AMERICAS- S&P Indices has launched its first in a series of indices designed to measure the performance of the Chilean, Columbian and Peruvian stock exchanges.
UK - Higher annuity rates and volatile market conditions have dented retirement prospects for UK workers over the last few months, suggests research from Aon Hewitt.
AUSTRALIA - Prime minister Julia Gillard today rejected the idea of starting a sovereign wealth fund calling superannuation funds themselves "our trillion dollar sovereign wealth fund, but with market benefits".
Inflation to cut pensioner spending power by 60%; Most workers are unaware of reforms; More people having to delay retirement; Pension schemes fight for £100m a year VAT refund
Higher annuity rates and volatile market conditions have dented retirement prospects for UK workers over the last few months, suggests research from Aon Hewitt.
US - Charles Evans, a leading Federal Reserve policymaker, has called on Ben Bernanke to issue further monetary stimulus as inflation higher than the 2% target would not be a "catastrophe".
More than half of UK workers are totally unaware of sweeping pension reform coming into play next year, latest research shows.
F&C has strengthened its UK institutional distribution teams with two senior hires at its London office.