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Oman plans to merge state pension fundsOman 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 More… |
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Global pension fund assets hit record $28trnGlobal 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 More… |
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Saudi approves investment firm for pension fundA 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 More… |
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GOSI profit falls to $109mGeneral 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 More… |
