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CalPERS states its beliefs

22 May 2014 California
Reporter: Stephen Durham

The California Public Employees' Retirement System (CalPERS) board of administration has adopted a set of pension beliefs that articulate its views on public pension design, funding and administration...

Mixed results from SS&C indicators

21 May 2014 Connecticut
Reporter: Stephen Durham

SS&C GlobeOp’s forward redemption indicator for May has shown notifications of 4.32 percent, up from 3.23 percent in April...

SIX elects trio to board of directors

21 May 2014 Switzerland
Reporter: Tammy Facey

Dr Patrik Gisel, Lorenz von Habsburg Lothringen and Søren Mose have been elected to the board of directors of the Six Group...

Interactive Data expands services to include Asia Pacific

20 May 2014 New York
Reporter: Tammy Facey

Interactive Data Corporation has added coverage of sovereign and corporate bonds issued in the Asia Pacific its NY Close International Fixed Income Evaluation Services...

Credit Suisse to pay for offshore tax evasion

20 May 2014 New York
Reporter: Tammy Facey

Credit Suisse has admitted that it helped American citizens to evade paying US tax by placing money in Swiss accounts...

Columbus International gives bond roles to BNY Mellon

19 May 2014 New York
Reporter: Tammy Facey

Columbus International has appointed BNY Mellon as trustee, paying agent, registrar and transfer agent for its $1.25 billion corporate bond issuance...

Overseas pension plans on the up

19 May 2014 New York
Reporter: Tammy Facey

The number of American expats setting up overseas pension plans in the run up to the implementation of the Foreign Account Tax Compliant Act (FATCA) has risen, according to deVere Group...

Depositary receipts could boost investment

14 May 2014 New York
Reporter: Stephen Durham

India's review of depositary receipts could open the door to increased foreign investment, according to recommendations in the M.S. Sahoo Committee report.

Wells Fargo teams with SGSS Italy

13 May 2014 Paris
Reporter: Stephen Durham

SGSS in Italy has been appointed by Wells Fargo Asset Management to act as its correspondent bank for the distribution of the Wells Fargo (Lux) Worldwide Fund, its Luxembourg-registered SICAV, for Italian retail investors...

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