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Capital Markets Asset Management and Custody Banks

  • LONDON, June 19- Hedge fund managers have become very bearish about the outlook for oil prices as production from countries outside OPEC grows and threatens to undermine the effectiveness of OPECs output controls. Hedge funds have discounted the fact oil prices are already under than $50 per barrel and reassurances from OPEC ministers that global oil stocks...

  • LONDON, June 19- Zinc prices touched a two-week high on Monday as expectations of stronger demand from steelmakers rose and inventories of the metal on the London Metal Exchange hit nine-year lows. She cited China's rising imports of refined zinc and falling zinc output in data. CHINA: In April, China's refined zinc output fell to its lowest in more than two years...

  • June 19- The California Public Employees' Retirement System, or CalPERS, plans to scrutinize its private equity investments at next month's board meeting with an eye toward reviewing the governance and transparency of the asset class. Chief Investment Officer Ted Eliopoulos told the investment board on Monday that despite the high returns of its private...

  • LONDON, June 19- Zinc prices touched a two-week high on Monday as expectations of stronger demand from steelmakers rose and inventories of the metal on the London Metal Exchange hit nine-year lows. She cited China's rising imports of refined zinc and falling zinc output in data. CHINA: In April, China's refined zinc output fell to its lowest in more than two years...

  • NEW YORK, June 19- World stock markets advanced on Monday as technology and retail stocks rebounded from recent declines and U.S. "Some of it is folks taking a second look at names that may have been unduly punished in the rotation out of tech that started about ten days ago," said David Lefkowitz, senior equity strategist at UBS Wealth Management Americas in New York.

  • LONDON, June 19- Zinc prices touched a two-week high on Monday as expectations of higher demand from steelmakers rose and inventories of the metal on the London Metal Exchange hit nine-year lows. She cited China's rising imports of refined zinc and falling zinc output in data. CHINA: In April, China's refined zinc output fell to its lowest in more than two years due...

  • LONDON, June 19- Hedge fund managers have become very bearish about the outlook for oil prices as production from countries outside OPEC grows and threatens to undermine the effectiveness of OPECs output controls. Hedge funds have discounted the fact oil prices are already under than $50 per barrel and reassurances from OPEC ministers that global oil stocks...

  • OSLO, June 19- Sweden's largest national pension fund is looking to get other investors to agree on principles relating to their shareholdings in companies which it says violate the Paris climate agreement. The fund, called AP7, last week sold out of ExxonMobil, Gazprom, TransCanada Corp, Westar Energy, Entergy and Southern Corp in what some environmentalists...

  • She cited China's rising imports of refined zinc and falling zinc output in data. CHINA: In April, China's refined zinc output fell to its lowest in more than two years due to mine closures. HOME PRICES: Home prices leveled off in China's biggest cities in May but continued to climb nationwide, indicating demand remains resilient despite a series of government...

  • Growth coming from US, UK and Canada: Raymond James CEO

    Raymond James CEO and Chairman Paul Reilly discusses the growth of his business and digital disruption in the asset management industry.

  • MELBOURNE, June 19- London copper climbed on Monday after China's property market remained robust in May, but analysts expected prices to stay trapped in a range over the quiet northern hemisphere summer. *CHINA PROPERTY: Home prices leveled off in China's biggest cities in May but continued to climb nationwide, indicating demand remains resilient despite a...

  • *STORY-On sovereign investors and climate change:. LONDON, June 19- The Asset Owners Disclosure Project is an independent not-for-profit organisation which aims to alert asset owners to the risks posed change. Its AODP Global Climate 500 index, published at the end of April, rates the world's biggest asset owners- pension funds, insurers, sovereign wealth funds,...

  • IBM's Watson computing system.

    IBM's Watson artificial intelligence platform has been hired to run an exchange-traded fund (ETF) picking US stocks.

  • NEW YORK, June 16- The overseer of a $4 billion U.S. government fund to compensate victims of Bernard Madoff's Ponzi scheme expects to start distributing money this year, following criticism of the lack of payouts in the nearly four years since the fund's creation. Their claims were deemed valid in early June by the Department of Justice, whose fund is overseen by...

  • *Booz Allen tumbles on DOJ investigation. June 16- Wall St looked set to open flat on Friday as technology shares steadied following a rout that was triggered by concerns of stretched valuations. So I think investors are still willing to come in and buy the dips, "said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago, Illinois.

  • OSLO, June 15- Sweden's largest national pension fund, AP7, has sold its investments in six companies that it says violate the Paris climate agreement, a decision environmentalists believe is the first of its kind. AP7, which provides pensions to 3.5 million Swedes, said on Thursday it had sold out of ExxonMobil, Gazprom, TransCanada Corp, Westar, Entergy and...

  • OSLO, June 15- Sweden's largest national pension fund, AP7, has sold its investments in six companies that it says violate the Paris climate agreement, a decision environmentalists believe is the first of its kind. AP7, which provides pensions to 3.5 million Swedes, said on Thursday it had sold out of ExxonMobil, Gazprom, TransCanada Corp, Westar, Entergy and...

  • June 15- Goldman Sachs Group Inc has collected more than $7 billion for a fund which purchases secondhand stakes in private equity funds, far exceeding its initial target, according to two people familiar with the matter. The fund, called Vintage VII, is run out of the bank's asset management division and had initially sought to raise $5 billion in capital.

  • OSLO, June 15- Sweden's largest national pension fund, AP7, has sold its investments in six companies it accuses of breaching the Paris climate agreement, in a decision environmentalists believe is the first of its kind. AP7, which provides pensions to 3.5 million Swedes, said on Thursday it had sold out of ExxonMobil, Gazprom, TransCanada Corp, Westar, Entergy and...

  • June 15- Quebec's public pension fund said it secured an investment of C $1.28 billion from Canada's federal government for the construction of the world's third-largest light rail system in Montreal. The construction of Réseau électrique métropolitain project has been finalized at C $6.04 billion, Caisse de dépôt et placement du Québec said on...