Clik here to view.
S Korea: the tiny roar of the NPS
Easier said than done. That is how investors view a pledge by South Korea’s state-run pension fund to raise its voice as the country’s biggest institutional investor, after it waved through the...
View ArticleClik here to view.
Argentina: raiding its own pension fund
It’s not a licence to print money, exactly. But Argentina’s habit of shuffling dollars around the public sector to meet its financing needs certainly comes in handy for a government that has few ouside...
View ArticleClik here to view.
BlackRock makes Colombia push
Pension calling Colombia is not a country that figures high on the radar screen of most global firms when it comes to the asset management business. The country’s pension funds, with $66bn in assets...
View ArticleChile’s privatised pensions draw Principal interest
Chile pioneered privatised pension funds in Latin America and the fund managers, known as AFPs, are now the country’s biggest institutional investors, with a juicy $159bn under management at the end of...
View ArticleBBVA sells Mexican pension for $1.6bn
Spain’s BBVA has agreed to sell its Mexican pension fund to local buyers for $1.6bn, the latest in a line of local asset sale by retreating Europeans. Grupo Financiero Banorte, the only major bank that...
View ArticleClik here to view.
Peru: Intercorp’s new pension fund
Intercorp, one of Peru’s largest lenders and retailers, is on a roll. After a successful IPO launched in September for its retail wing, the company owned by Peru’s tycoon Carlos Rodríguez-Pastor has...
View ArticleAn early Christmas present for Chile’s Enersis
Christmas has come early – for Chile’s Enersis. Shareholders in the energy company have approved Chile’s biggest capital increase — a whopping sum of nearly $6bn (if you think that´s a lot, remember...
View ArticleClik here to view.
Kazakh pension “nationalisation” plan worries fund managers
Nursultan Nazarbayev has always taken pride in the privately-run pension system he introduced in the late 1990s that set Kazakhstan apart in the former Soviet Union as a pioneer of financial reform....
View ArticleClik here to view.
Brazilian pension funds go global
©Bloomberg As little as a year ago, Brazil’s greatest concern was the currency war – a tsunami of international funds that it believed was threatening to inundate its financial markets and those of...
View ArticleClik here to view.
S Korea: pension fund looks overseas for higher returns
They all cost money South Korea’s state pension fund is entering riskier waters as it plans to allocate more funds to equities while reducing the weighting of bonds to boost investment returns....
View ArticleClik here to view.
Poland: 3 options to reduce the pension-debt problem
How do we pay for her? Poland plans to reduce the role private pension funds play in the country’s hybrid pension system in order to reduce public debt as it battles an economic slowdown. Polish stocks...
View ArticleClik here to view.
Mexican pensions: USA! USA!
Who’s bullish on America? Mexican pension funds are. According to data from Consar, the government agency that oversees the country’s pension fund industry, Mexican pensions’ exposure to US equities...
View ArticleClik here to view.
Nigerian pension funds: not biting the bait (yet)
Are Nigeria’s pension funds ready to step up to the plate and help finance the country’s development? Policy makers hope they will grow out of their conservative approach of buying government paper and...
View ArticleClik here to view.
Guest post: old age in EM is no treasure for investors
By Tassos Stassopoulos, Alliance Bernstein Rapidly ageing societies in developing countries represent important markets for consumer companies. However, it should be understood that vast cohorts of...
View ArticleClik here to view.
Fund Watch: EM healthcare is sole focus for Sectoral fund
Unhealthy lifestyles are spreading through emerging market (EM) economies as people adopt fast-food diets, work in stressful and sedentary jobs and contend with worsening pollution. These are unwelcome...
View ArticleClik here to view.
Guest post: mining nuggets among China’s “A-shares”
By Stuart Rae and John Lin, AllianceBernstein Despite a slow start following its launch in November, the Shanghai-Hong Kong Stock Connect share trading scheme has significantly increased foreign access...
View Article
