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Capital Markets Asset Management and Custody Banks

  • LONDON, March 22- The head of European bonds at the world's biggest asset manager told Reuters on Wednesday he is optimistic about the outlook for France and is holding a large stake in its government debt ahead of presidential elections in April and May. President Donald Trump's fiscal stimulus was "healthy" and that investors had got ahead of themselves in...

  • LOS ANGELES, March 21- A shareholder coalition founded in the U.K. is recruiting investors for a campaign to convince KFC parent Yum Brands Inc and other food companies to protect public health and corporate profits by reducing the use of antibiotics in the meat they serve in the United States and around the world. "There is the potential for significant...

  • TORONTO, March 21- A push by Canadian companies and pension funds to aggressively pursue overseas acquisitions is helping global investment banks to win a bigger share of M&A advisory mandates and prompting once-dominant domestic rivals to beef up their international operations. Canada's outbound M&A volume hit a record $128 billion last year.

  • *Kansas, Cleveland Fed chiefs to speak later in the day. March 21- U.S. stocks reversed course to trade lower in late morning on Tuesday, pressured by a fall in bank shares. "People are absorbing the Fed decision and seeing what the impact from that will be," said Paul Springmeyer, investment managing director at the Private Client Reserve at U.S. Bank in Minneapolis,...

  • LONDON, March 21- European shares gained on Tuesday with cyclicals, banking and oil stocks outperforming, reversing a cautious start to the week. Among banks, Deutsche Bank was the top gainer, 3.6 percent above its theoretical ex-rights price as the subscription period for its 8 billion euro capital hike began. Asset management firm Partners Group was the top...

  • SEOUL, March 21- Market rumours that U.S. activist hedge fund Elliott Management Corp has acquired a stake in South Korea's Hyundai Motor Co are not true, a person familiar with the matter told Reuters on Tuesday.

  • LONDON, March 20- Hedge funds cut their bullish bets on oil by the largest amount on record in the week to March 14, according to the latest data published by regulators and exchanges. The reduction in the net long position coincided with the sharp fall in oil prices, which started on March 8 and continued through March 14. Fund managers' net long position has been...

  • District Judge Juan Sanchez in Philadelphia said the SEC "pleaded a plausible claim" that Cooperman and Omega reaped about $4.09 million of profit in 2010 by trading illegally in Atlas Pipeline Partners LP, based on tips from an Atlas executive. The case has already hurt New York- based Omega, which has seen assets under management tumble to $3.5 billion as of Jan....

  • LONDON, March 20- Hedge funds cut their bullish bets on oil by the largest amount on record in the week to March 14, according to the latest data published by regulators and exchanges. The reduction in the net long position coincided with the sharp fall in oil prices, which started on March 8 and continued through March 14. Fund managers' net long position has been...

  • March 20- Asset manager Fidelity International Ltd appointed Ewan Montgomery as portfolio manager, real estate, UK.

  • LONDON, March 20- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. The table below lists selected SWFs, using data compiled by Sarah Stone and Edwin Truman at the Peterson Institute for International...

  • LONDON, March 20- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. The table below lists selected SWFs, using data compiled by Sarah Stone and Edwin Truman at the Peterson Institute for International...

  • LONDON, March 20- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. The table below lists selected SWFs, using data compiled by Sarah Stone and Edwin Truman at the Peterson Institute for International...

  • LONDON, March 20- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. The table below lists selected SWFs, using data compiled by Sarah Stone and Edwin Truman at the Peterson Institute for International...

  • LONDON, March 20- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. They control about $6.5 trillion, according to data provider Preqin, and have transformed the global investment landscape by...

  • LONDON, March 20- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. They control about $6.5 trillion, according to data provider Preqin, and have transformed the global investment landscape by...

  • LONDON, March 20- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. They control about $6.5 trillion, according to data provider Preqin, and have transformed the global investment landscape by...

  • LONDON, March 20- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. They control about $6.5 trillion, according to data provider Preqin, and have transformed the global investment landscape by...

  • *Deal worth $4.3 billion, including debt. March 17- Private equity firm KKR& Co LP and Canadian pension fund Caisse de dépôt et placement du Québec announced plans on Friday to buy USI Insurance Services from Onex Corp for $4.3 billion, including debt. "It's a sector we like," Caisse Chief Investment Officer Roland Lescure said in an interview.

  • LONDON, March 17- Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging- in countries with large deficits and deep debt. The table below lists selected SWFs, using data compiled by Sarah Stone and Edwin Truman at the Peterson Institute for International...