aij investment advisors co popular tagged News at allvoices.com

aij investment advisors co news

News tagged with “aij investment advisors co”. Found: 30 tagged news reports.
 

Your Search Returned 30 tagged news reports

 

Hong Kong :: China | 4 months ago

Credibility Credibility of 5

Kazuhiko Asakawa, former president of AIJ Investment Advisors Co., was sentenced Wednesday to 15 years in prison for orchestrating a high-profile fraud case that cost his pension fund clients some ¥24.8 billion. The Tokyo District Court sentenced his

Tags:

Tōkyō :: Japan | over 1 year ago

Credibility Credibility of 5

The steps are part of an FSA package to prevent misdeeds such as AIJ Investment Advisors Co.'s alleged fraudulent practices that led to massive pension fund asset losses. AIJ, plagued with heavy investment losses, allegedly took advantage of

Tags:

Tōkyō :: Japan | over 1 year ago

Credibility Credibility of 5

The data also showed that 81 employee pension funds that lost money entrusted to AIJ Investment Advisors Co. had a reserve shortfall of ¥300 billion, apparently due to the scandal and low returns on investments. The Democratic Party of Japan began

Tags:

Tōkyō :: Japan | almost 2 years ago

Credibility Credibility of 5

Japanese police on Tuesday arrested the head of an asset management company at the centre of scandal that saw the loss of almost $1.4 billion in pension fund money. Tokyo Metropolitan Police said it held Kazuhiko Asakawa, 60, president of AIJ

Tags:

London :: United Kingdom | almost 2 years ago

Credibility Credibility of 5

Holdings PLC is managing the assets and plans to return them under an agreement reached with all of AIJ's clients, including the corporate ones victimized by the pension money scandal, said Friday. ITM Securities Co., which lured the pension funds to

Tags:

Ōsaka :: Japan | almost 2 years ago

Credibility Credibility of 5

The proposal was included in the draft report by an experts' panel after the ministry determined that a clear set of rules is necessary to avoid a scenario in which corporate pension funds suffer massive losses after concentrating their assets into

Tags:

Tōkyō :: Japan | almost 2 years ago

Credibility Credibility of 5

The ruling Democratic Party of Japan's interim report on the massive pension asset losses by AIJ Investment Advisors Co. "has all options in sight," Komiyama said at a news conference. The option of scrapping the kosei nenkin kikin system "will not

Tags:

Sapporo :: Japan | almost 2 years ago

Credibility Credibility of 5

In what is believed to be the first such case related to the AIJ Investment scandal, the Sapporo-based fund lost money meant to finance the pensions of some 4,000 workers at around 350 electrical contractors in the Hokkaido area. Its reserve fund had

Tags:

Tōkyō :: Japan | almost 2 years ago

Credibility Credibility of 5

According to the Securities and Exchange Surveillance Commission, 84 corporate pension funds, 74 of them kosei nenkin kikin, entrusted ¥145.8 billion to AIJ, which incurred ¥109.2 billion in investment losses. Kosei nenkin kikin manage private

Tags:

Ōsaka :: Japan | almost 2 years ago

Credibility Credibility of 5

The police are looking to build a fraud case against AIJ, in addition to the alleged violation of a financial product trading law, as they work with the Securities and Exchange Surveillance Commission. The securities regulators have already launched

Tags:



Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc. 2008-2014. All rights reserved. Powered by PulsePoint.