Tag : pension

The former minister for superannuation in Australia, Nick Sherry, urges Taiwan and the rest of Asia to look no further than Canberra for clues on how to drive development in pension systems.

The subsidiary of China Life Insurance may develop enterprise annuity products with guaranteed pay-out options after going live with a new investment management system.

The firm warns of a significant cost impact along the entire asset management chain and says prompt resolution is needed.

The island’s private school pension fund will break new ground by giving its beneficiaries the chance to choose their own mutual fund strategies, for which it may issue mandates.

The NSSF is to sign an investment mandate with the Guangdong government to manage Rmb100 billion in public pension assets. It marks a first step to much-needed reform.

Institutional assets have nearly doubled in a decade to $28 trillion, even as the ratio of assets to liabilities has fallen except in Australia and Hong Kong, finds Towers Watson.

Meanwhile, the average allocation to hedge funds by public pension schemes globally continues to rise, according to Preqin.

The last decade has seen Brazil grow fastest followed by Australia, while the only positive allocation in the past 15 years has been to alternatives, finds a Towers Watson study.

The Canadian institution is rapidly building an investment team in Hong Kong to capture growth in Asian markets, starting with China-focused private equity.

Despite offering relatively low margins and fees, the region's retirement markets have huge long-term potential for asset managers, argues Cerulli Associates.

Taiwan's civil-servant pension fund unveils the four winners of its latest overseas mandates, worth an aggregate $900 million, and reports investment results for its latest quarter.

ThailandÆs Government Pension Fund feels the need to win support from civil servants before it can return to taking greater investment risk.