Norwegian fund manager Skagen is setting up an operation in the UK.
UK/NORWAY - Norwegian fund manager Skagen is setting up an operation in the UK.
PERU - Banks and pension funds' foreign currency purchases will be capped at 75% of assets under regulations issued by Peru's banking superintendent.
Investment managers expect global equity returns to clock in at the 10% range in 2010, helping to fuel economic recovery this year, a survey by Towers Watson finds.
The £1.3bn Superannuation Arrangements of the University of London Trustee Company has appointed Partha Dasgupta as independent trustee and member of the investment committee.
Independent Trustee Services has appointed Nita Tinn as a director.
Women retiring this year will get £7424 less pension than men, Prudential research reveals.
Charities face pensions crisis with shortfall of £1bn; Women lose out to men on pensions by £7,500 every year
CHINA/US - The China Investment Corp. (CIC) has partnered with chip maker Intel to invest in technology innovation, Intel said.
FRANCE - Investment returns at the Fonds de Réserve pour les Retraites (FRR) are up 15% for 2009 on the back of the strong rebound in the equity markets.