Next economic crisis to come from pension funds

Hong Kong

The next financial crisis will stem from pension funds that take on risk to make up for shortfalls in their funding positions, according to Guan Seng Khoo, head of enterprise risk management at Alberta Investment Management Corporation.

Khoo, former senior director of risk management at Singapore's sovereign wealth fund, Temasek, was speaking at the Asia Risk Transition Management forum in Hong Kong last week. He said unregulated pension funds pose significant systemic risks as they struggle to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

A view from the buy side: Calpers

Volatile markets have posed challenges for participants in the FX market across the globe. Eric Busay, portfolio manager at Calpers, talks about the Swiss franc, US dollar and regulatory change. By Farah Khalique

Ex-Lehman staff form action group

LONDON - A group of around 30 former Lehman Brothers employees in London have formed an action group seeking to win compensation from the collapsed US investment bank.

Solutions to rouble trouble

The rouble derivatives market developed in haste after further liberalisation of the currency in July 2006 and positive changes to the Russian Civil Code 1062, centring around the previous treatment of derivatives as gaming, in January 2007.

US lets China off the hook

WASHINGTON, DC - The US Treasury has cleared China of manipulating its currency to gain unfair trade advantages against the US.

CLS launches NDF settlement

LONDON - ABN Amro, Credit Suisse, Fortis, HSBC and the Royal Bank of Scotland became the first settlement banks to go live with non-deliverable for-wards settlement over settlement system CLS last week.

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: