pension fund

Latest news and articles about pension fund from NEX English

File lawsuit against former German dentists' pension fund manager

The German Dentists' Pension Fund has filed a lawsuit against its former manager, seeking compensation of <strong>50 million euros</strong> (approximately <strong>58 million dollars</strong>). This action comes as the fund faces substantial losses amounting to half of its assets, raising concerns about financial management in institutions.

Weakening of Korean Won May Require Urgent Stabilization Measures

Kim Sung-jo, head of South Korea's largest pension fund, stated that the recent decline of the Korean won against the US dollar during market turmoil may necessitate immediate actions for stabilization. This was mentioned during an interview in Seoul.