Watch breaking news videos and read news updates about Africa on pionline.com
Libyan Investment Authority looking to allocate $11 billion
trueLibyan Investment Authority, Tripoli, plans to hire external managers to run $11 billion of its assets under a restructuring plan, said Abdulmagid Breish, chairman of Libya's $66 billion sovereign wealth fund.
Towers Watson picks head of retirement solutions for EMEA
trueJohn Ball was named head of retirement solutions for Europe, the Middle East and Africa at Towers Watson.
Mercer hires Aon Hewitt veteran as head of sales for Asia, Africa, Middle East
trueKulshaan Singh joined Mercer as head of sales, for Asia and select growth markets, for the global consulting firm's talent, health, retirement and investments businesses.
Investors are shifting their approach to emerging markets
trueJust as institutional investors are viewing emerging markets as a mainstream, must-have part of an investment portfolio, the chairman and CEO of the world's largest money manager thinks the term will soon cease to be relevant.
Towers Watson picks EMEA head
trueEd Francis was named head of investment for Europe, the Middle East and Africa at Towers Watson.
South Africa's GEPF searching for custodian
trueGovernment Employees Pension Fund, Pretoria, South Africa, is searching for a custodian.
Emerging markets are cheap for a reason
trueSo are emerging markets likely to underperform or outperform this year? Consider the following:
BlackRock picks senior exec in HK combining CFO, corporate strategy roles
trueAndrew Reynolds will join BlackRock in Hong Kong as chief financial officer and head of corporate strategy for the Asia-Pacific region, effective Feb. 25.
Libyan Investment Authority sues Goldman Sachs in London
trueLibyan Investment Authority, Tripoli, the nation's sovereign wealth fund, sued Goldman Sachs Group in the U.K. over investments worth more than $1 billion.
Ariel's Hobson remembers Mandela's graciousness
trueFor Mellody Hobson, it was a brief encounter with Nelson Mandela.
Altius Associates chooses new EMEA chief
trueRhonda Ryan was named partner and head of Europe, Middle East and Africa investments at Altius Associates.
Overseas Private Investment seeks emerging markets private equity managers
trueOverseas Private Investment Corp., a development agency of the U.S. government, is looking for private equity emerging markets fund managers investing in emerging markets countries that are eligible for OPIC support.
BlackRock picks new EMEA chief
trueDavid Blumer was named senior managing director and head of EMEA at BlackRock.
South Africa's GEPF looking for master custodian
trueGovernment Employees Pension Fund is searching for a master custodian for the 1.05 trillion rand (US$118.7 billion) pension fund.
AllianceBernstein EMEA client director departs
trueRichard Haxe, senior managing director and co-head of the client group for Europe, the Middle East and Africa at AllianceBernstein, is leaving the company.