Capital Markets Asset Management and Custody Banks

  • OIL BULL ANDY HALL'S ASTENBECK HEDGE FUND UP 5 PCT IN MAY, FOR THIRD STRAIGHT MONTH OF GAINS- INVESTOR LETTER.

  • ASTENBECK ASSETS UNDER MANAGEMENT AT $2.4 BLN AT END-MAY, UNCHANGED FROM END-APRIL- INVESTOR LETTER.

  • Here's how to construct your portfolio

    Jamie Hammond, European CEO of AllianceBernstein, explains the appeal of multi-asset funds as a way of mitigating risk and discusses robo-advisers.

  • BEIJING, June 7- China will grant the United States a 250 billion yuan quota under its Renminbi Qualified Foreign Institutional Investor programme, a central bank vice governor said on Tuesday. Launched in 2011, the RQFII programme allows financial institutions to use offshore yuan to buy securities in mainland China, including stocks, bonds and money market...

  • BEIJING, June 7- China will grant the United States a 250 billion yuan quota under its Renminbi Qualififed Foreign Institutional Investor programme, a central bank vice governor said on Tuesday. Yi Gang made the announcement at the Strategic and Economic Dialogue talks in Beijing, without providing further details of the timeframe. Launched in 2011, the RQFII...

  • *Around 350 spot commodity trading platforms in China. SHANGHAI/ BEIJING, June 7- Chasing the promise of outsized returns, 48- year-old businessman He Xiaolun started trading oil last August on a platform developed by the Shaanxi Non-ferrous Metal Exchange. Over the next five months, he lost nearly 3 million yuan.

  • June 6- Alternative mutual funds provider Context Asset Management appointed Matt Rowe to the newly created position of chief strategy officer.

  • SAO PAULO, June 6- Brazilian interim President Michel Temer said on Monday he plans to nominate technocrats to the top positions in state-controlled firms and pension funds, once the lower house approves a draft proposal requiring high-ranking public employees to have high technical qualifications. For decades, government named political appointees to...

  • BOSTON, June 6- Affiliated Managers Group Inc, a holding company for money management firms, said on Monday it will buy stakes in five hedge funds from Goldman Sachs Group Inc for $800 million, sparking a 3.5 percent jump in Affiliated Managers stock. AMG, which has been buying pieces of hedge funds for more than a dozen years, said the deal will boost its assets under...

  • NEW YORK, June 6- Morgan Stanley has asked securities regulators for the right to launch its first U.S.-listed exchange-traded funds, marking the latest example of a massive Wall Street investment manager courting investors' growing use of those funds. The company's asset management unit asked the U.S. Securities and Exchange Commission for permission to...

  • LONDON, June 6- Lithium is shaping up to be The Next Big Thing. The Global X lithium fund, one of the very few ways to get in on the action, has gained 25 percent over the past three months with assets under management leaping from $41 million to $68 million since the start of the year. It's a far cry from the 1990 s, when the U.S. Department of Energy was selling surplus stocks...

  • China stock prices

    BERLIN, June 6- Aberdeen Asset Management Chief Executive Martin Gilbert said emerging markets continue to be "unloved," in spite of this year's rally, with very few investors putting fresh money to work. Speaking on the sidelines of the Fund Forum conference in Berlin, Gilbert said much of the rally was instead down to investors ditching "short" bets that the market...

  • Active vs passive investing

    Christian Hyldahl, CEO of Nordea Asset Management, says competition from passive investment is an issue for active fund managers.

  • Fund management industry needs to be more efficient: CEO

    Martin Gilbert, CEO of Aberdeen Asset Management, says fund management costs needs to be looked at and stripped out in some cases.

  • NEW YORK, June 3- U.S. prosecutors have agreed to a rare settlement refund of $6 million to hedge fund Diamondback Capital Management LLC after a ruling by a 2014 federal appeals court made pursuing insider trading cases tougher, according to court papers. Stamford, Connecticut- based Diamondback, which at one time had roughly $5 billion of assets under...

  • PROSECUTORS TO REFUND HEDGE FUND DIAMONDBACK CAPITAL MANAGEMENT $6 MLN INSIDER TRADING SETTLEMENT- COURT FILING.

  • LONDON, June 3- Stocks, the dollar, oil and bond yields all dived on Friday after data showing the slowest pace of U.S. job growth in more than five years stunned investors and virtually wiped out any lingering expectation the Federal Reserve will raise interest rates later this month. A June hike looks a lot less likely now, "said Aberdeen Asset Management...

  • DUBAI/ LONDON, June 3- Gulf Arab investors, some of the biggest buyers of British real estate, are holding back from new deals because they fear a property price slump if Britain leaves the European Union, according to legal and investment sources. Sovereign and private investors from Qatar, Saudi Arabia, Kuwait and the United Arab Emirates have been prolific...

  • LIMA, June 2- Gramercy Funds Management LLC sued Peru for $1.6 billion in a dispute over the country's 40- year-old land-reform bonds on Thursday, three days before a presidential election. By rendering the bonds virtually worthless, Peru violated its free trade agreement with the United States, Gramercy said. Peru's finance ministry called the suit an attempt...

  • NEW YORK, June 2- Investors pulled approximately $1 billion from the Pimco Total Return Fund, one of the world's largest bond funds, in May following cash withdrawals of the same amount the previous month, the Newport Beach, Calif- based firm said on Thursday. May's cash withdrawals from the Pimco Total Return Fund marks the portfolio's 37th month of consecutive...