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  • LONDON, Dec 11- Former Perella Weinberg Partners Capital Management partner Andrew Dickson is preparing to launch an equities hedge fund firm called Albert Bridge Capital, six sources familiar with the matter said. The firm is set to open an initial fund with $100 million in the first quarter of 2016, one source said, while a second added the size could be in the "...

  • NEW YORK, Dec 10- Sara Tirschwell and Dan Kamensky lined up everything to launch a successful hedge fund, only to realize they could not work together, two people familiar with the matter told Reuters. The pair decided on an amicable departure from their planned joint-venture, New York- based Livia Capital Partners, according to one of the people.

  • TORONTO, Dec 10- Weak crude oil prices are creating opportunities for long-term investors in the oil and gas sector, the chief executive of one of Canada's ten biggest pension funds said on Thursday. HOOPP is Canada's seventh-biggest public pension fund, managing assets worth C $61 billion. Research from Boston Consulting Group recently showed Canada's ten...

  • SAO PAULO, Dec 10- Hedge fund manager Emmanuel Hermann, the largest individual unitholder of Grupo BTG Pactual SA, is increasing his stake even as concern that the investment bank could be ensnared in a corruption probe sparked a 57 percent slump in its stock, sources with knowledge of the matter told Reuters. Hermann, who had headed BTG Pactual's proprietary...

  • SAO PAULO, Dec 10- Hedge fund manager Emmanuel Hermann, the largest individual unitholder of Grupo BTG Pactual SA, is increasing his stake even as concern that the investment bank could be ensnared in a corruption probe sparked a 57 percent slump in its stock, sources with knowledge of the matter told Reuters. Hermann, who had headed BTG Pactual's proprietary...

  • *Top 10 funds now manage assets worth over C $1.1 billion. TORONTO, Dec 10- Canada's biggest 10 public pension funds now manage assets worth more than C $1.1 trillion, having tripled in size since 2003, according to a study published by the Boston Consulting Group on Thursday. "Their investments also have a broader positive impact on Canada's prosperity," he added.

  • NZ central bank's latest rate cut may be last one Wednesday, 9 Dec 2015 | 8:10 PM ET

    New Zealand's central bank cut interest rates to match a record low, but the kiwi dollar climbed on expectations the easing cycle may be ending.

  • *OP Trust CEO says danger investors may be overpaying. TORONTO, Dec 9- Canadian pension funds risk overpaying for infrastructure assets in an "overheated" global market if they fail to maintain financial discipline, the head of one of the country's 10 biggest public pension funds said. "If you look at infrastructure as an asset class, it's overcrowded and...

  • NEW YORK, Dec 9- A former Western Asset Management Co employee was arrested on Wednesday for illegally accessing one of its email accounts after joining another firm to obtain records about the company's internal metrics and employee compensation. Kristopher Rocchio, who during the alleged wrongdoing was a vice president at Neuberger Berman, was arrested...

  • Ex-Neuberger Berman executive arrested for computer fraud Wednesday, 9 Dec 2015 | 10:28 AM ET

    NEW YORK, Dec 9- A former Neuberger Berman vice president was arrested on Wednesday for illegally accessing an email account at his former employer to obtain records about the company's internal metrics and employee compensation. Kristopher Rocchio, who previously worked for Legg Mason Inc's Western Asset Management Co unit, was arrested in the morning...

  • Abu Dhabi Financial Group looking for deals at home Wednesday, 9 Dec 2015 | 6:28 AM ET

    ABU DHABI, Dec 9- Abu Dhabi Financial Group, which bought London's New Scotland Yard last December, is looking at potential acquisitions in its home market over the next year as lower oil prices depress asset valuations to enticing levels. "The UAE presents the highest risk-reward attraction at the moment, compared to any other place in the world," he said.

  • NEW YORK, Dec 8- Jeffrey Gundlach, the widely followed investor who runs DoubleLine Capital, said on a webcast on Tuesday that the junk bond market has come under severe selling pressure ahead of the Federal Reserve's policy meeting next week. The commodities market has been facing monstrous declines with copper prices, as an example, down 37 percent since July...

  • "What started the day on the wrong foot was the November trade data from China," said Ben Jang, portfolio manager at Nicola Wealth Management, adding that slower economic growth from China is weighing on global markets. The drop in U.S. crude oil prices below $40 a barrel has been taken as an indication that "global demand is weak," according to Ian Nakamoto, director of...

  • NEW YORK, Dec 8- Global investment management firm Pimco is adding energy-related securities to some of its portfolios as the Newport Beach, California firm expects oil prices to rise over the next 12 months, Dan Ivascyn, group chief investment officer, said in an interview on Tuesday. Pacific Investment Management Co, which is a unit of Allianz SE, oversaw $1.47...

  • *Astenbeck Capital down 26 pct for the year through Nov. Dec 8- Oil bull Andy Hall's Astenbeck Capital Management lost almost 10 percent in November as the hedge fund heads toward its worst year ever amid a global crude glut, data showed on Tuesday. The fund's slide appears to have eaten into the money managed by the 64- year-old Hall, a renowned trader who earned a...

  • ASTENBECK ASSETS UNDER MANAGEMENT AT $2.4 BLN AT END-NOV, DOWN FROM $2.6 BLN IN OCTOBER- INVESTOR LETTER.

  • *$3 trillion- plus government bond market coming of age. *Returns of 3 pct and up appeal to funds starved for yield. LONDON, Dec 8- It is still happening at a snail's pace, but with yields stuck around zero across developed markets, the search for decent returns from government bonds is finally drawing the world's biggest asset managers towards China.

  • Dec 7- The bond investing firm Pacific Investment Management Co on Monday named two former central bank chiefs and a former British prime minister to sit on a new board to advise on economic, political and strategic developments. The board also includes Jean-Claude Trichet, president of the European Central Bank from 2003 to 2011, and Gordon Brown, the U.K. prime...

  • Bernanke, Trichet join Pimco advisory board Monday, 7 Dec 2015 | 4:18 PM ET

    The Pimco Global Advisory Board includes Ben Bernanke, who chaired the U.S. Federal Reserve from 2006 to 2014 and was named a senior Pimco adviser in April, and Jean-Claude Trichet, president of the European Central Bank from 2003 to 2011.. It also includes Gordon Brown, the U.K. prime minister from 2007 to 2010; Ng Kok Song, who was group chief investment officer of...

  • Dec 7- The U.S. Securities and Exchange Commission is preparing to file charges against Credit Suisse Group AG for inflating reports of assets under management in its private bank, the Financial Times reported, citing people familiar with the case. The SEC will allege that Credit Suisse at times improperly counted client assets in the Americas as net new assets...