Monday 25 June 2018
pension fund

Oman plans to merge state pension funds

  Oman is considering the merger of eight state-run pension funds, a move which would boost efficiency and create a single multi-billion-dollar institution with increased investment power, the sultanate's Minister for Financi


Global pension fund assets hit record $28trn

Global institutional pension fund assets in the 13 major markets grew by 4 per cent in 2011 to hit a new high of $28 trillion, up from $26 trillion the previous year, according to a new study by Towers Watson, a leading global professional service


Saudi approves investment firm for pension fund

A new company owned by Saudi Arabia's largest state-run pension fund will invest in local and foreign stock markets and develop real estate projects, the cabinet said on Monday. The setting up of Hassana Investment Company, owned by the Ge


GOSI profit falls to $109m

General Organisation of Social Insurance (GOSI) net profit fell to BD41 million ($109 million) at the end of last month in view of the global crisis, GOSI chairman Shaikh Mohammed bin Isa Al Khalifa told a press conference. Pension Fund an

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