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  • LONDON, Dec 14- Embattled Brazilian bank Grupo BTG Pactual SA is evaluating options for its flagship global emerging markets and macro fund following the arrest of the bank's founder, a person familiar with the matter said on Monday. Sao Paulo- based BTG Pactual is considering selling assets after its billionaire founder André Esteves was arrested last month...

  • The Fintech 100 list, published on Monday under a collaboration between investment firm H2 Ventures and KPMG, was still dominated by U.S. companies, with 40 percent of the firms based in the Americas. Fintech companies are shaking up banking and other industries by allowing savers and borrowers to bypass traditional lenders with smartphone apps and websites...

  • LONDON, Dec 14- Rather than taking profits, hedge funds continued to add to their record bearish positions after the Organization of the Petroleum Exporting Countries failed to reach agreement on a production target at the start of the month. Hedge funds booked some profits on Brent, reducing short positions by 8 million barrels last week, but added 13 million in...

  • LONDON, Dec 14- Almost half of hedge fund firms plan to roll out a new hedge fund by the end of next year despite regulations challenging how they market, the Alternative Investment Management Association said on Monday. Managers with more than $500 million were more likely to be preparing a new hedge fund than those with less than $500 million.

  • NEW YORK, Dec 13- It has only been six years since the U.S. stock market rout brought on by the financial crisis, but as far as Deena Katz's clients are concerned, that might as well be ancient history. "People have a thirty-second memory," said Katz, 65, co-chairman at Evensky& Katz/Foldes Financial Wealth Management. Investors have taken home an average 7.5 percent in...

  • BOSTON, Dec 11- LionEye Capital, a $1.5 billion event-driven hedge fund, is closing its doors at the end of December after suffering double digit losses and heavy redemptions this year, two people familiar with the matter said. The six year-old fund, run by Stephen Raneri and Arthur Rosen, is the latest casualty in an industry being battered by unpredictable...

  • 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...