GO
Loading...

Enter multiple symbols separated by commas

Capital Markets Asset Management and Custody Banks

More

  • Aug 18- JPMorgan Chase& Co is in advanced talks with U.S. regulators to pay more than $150 million to resolve allegations that it steered private-banking clients to its own products without proper disclosures, the Wall Street Journal reported, citing people familiar with the matter. U.S. Securities and Exchange Commission investigators have been examining...

  • NEW YORK, Aug 18- DoubleLine Capital's co-founder Jeffrey Gundlach warned on Tuesday that it might be premature for the U.S. The Los Angeles- based DoubleLine Capital had $76 billion in assets under management as of June 30. The DoubleLine Total Return Bond Fund, DoubleLine's largest portfolio by assets and run by Gundlach, had positive inflows in July.

  • LONDON, Aug 18- A relatively small group of hedge fund managers has placed a record bet on U.S. oil prices declining further in the months ahead. Hedge funds and other money managers had accumulated gross short futures and options positions totalling 163 million barrels in the main NYMEX light sweet crude contract by Aug. 11, according to data released by the...

  • Aug 18- Morgan Stanley's U.S.-based wealth management business is cutting the number of its foreign accounts to focus on its most profitable customers, a person familiar with the bank's thinking said. Smaller accounts will be served through a Morgan Stanley call center. Morgan Stanley will focus on working with customers in more profitable countries, mainly...

  • Hedge funds take fresh look at General Motors in Q2 Friday, 14 Aug 2015 | 6:13 PM ET

    BOSTON, Aug 14- Several prominent hedge fund managers made bigger bets on U.S. automaker General Motors during the second quarter, despite the company's battling a deadly ignition defect and tangling with shareholders over its stock price. Greenlight Capital's David Einhorn bought 7.9 million shares between April and the end of June, raising his investment...

  • NEW YORK, Aug 14- Top U.S. hedge funds made bullish bets on the energy sector in the second quarter even as companies' shares began a slide toward multi-year lows on concerns about oversupply, regulatory filings showed on Friday. Hedge funds such as Baupost Group, Magnetar Capital and Jana Partners increased or took new stakes in energy shares over the second...

  • TORONTO, Aug 14- The Canada Pension Plan Investment Board, one of the world's biggest dealmakers, reported a small quarterly investment loss as declines in equity and fixed income markets offset gains in other investments. The manager of Canada's public pension fund said net assets were C $268.6 billion as of June 30, that was up from C $264.6 billion as of March 31,...

  • BOSTON, Aug 14- Legendary investor Warren Buffett was not the only one to turn sweet on Precision Castparts Corp this summer. Buffett's plan to pay $32.3 billion for the Precision Castparts Corp, announced on Monday, helped push the stock price up nearly 19 percent this week, likely making for a handsome payoff for the funds that took new positions or raised stakes.

  • BOSTON, Aug 14- Top U.S. hedge funds added to their positions in Apple Inc during the second quarter, even as shares of the iPhone maker were flat during the period. Filings with the U.S. Securities and Exchange Commission released on Friday showed Philippe Laffont's Coatue Management added 860,000 Apple shares during the three months ended June 30, giving it 8.5...

  • Hedge funds such as Baupost Group, Magnetar Capital and Jana Partners increased or took new stakes in energy shares over the second quarter, a period when the S&P 500 energy index lost 2.6 percent. Seth Klarman's Baupost increased its stake in Cheniere Energy by 1.5 million shares over the quarter, leaving it with 15.4 million shares, and raised its bet on Pioneer...

  • MONTREAL, Aug 14- Caisse de depot et placement du Quebec, Canada's second-largest pension fund manager, said it will have to raise its "game" if it is to continue to deliver yields like the weighted average return of 5.9 percent it reported Friday for the first half of 2015.. The Caisse, which manages public pension plans in the predominantly French-speaking...

  • BOSTON, Aug 14- Top U.S. hedge funds added shares of Apple Inc in the second quarter, even as shares of the iPhone maker were flat during the period. Filings with the U.S. Securities and Exchange Commission released on Friday showed Philippe Laffont's Coatue Management added about 860,000 shares of the iPhone maker during the three months ended June 30, giving it...

  • MONTREAL, Aug 14- Caisse de depot et placement du Quebec, Canada's second-largest pension fund manager, said it will have to "raise its game" if it is to continue to deliver yields like the weighted average return of 5.9 percent it reported Friday for the first six months of 2015.. The Caisse, which manages public pension plans in the predominantly French-speaking...

  • BOSTON, Aug 14- Ford Motor Co said it was dropping Contrafund as an investment option in its employee retirement accounts, pulling an estimated $900 million from Fidelity Investments' flagship mutual fund. Contrafund, managed by Will Danoff, is a behemoth in the mutual fund industry, with $113 billion in assets. Mainstay Capital Management LLC Chief Executive...

  • Aug 14- Activist investor Sandell Asset Management Corp said Ethan Allen Interiors Inc should consider selling itself to a private equity firm or monetizing its real estate holdings. Sandell, which owns about 5.5 percent of the furniture retailer, said the company could be worth about $41 per share with its real estate fetching about $450 million, or $16 per...

  • Aug 14- Activist investor Sandell Asset Management Corp said furniture retailer Ethan Allen Interiors Inc should consider selling itself to a private equity firm or monetize its real estate holdings. Sandell said the company's real estate assets may be worth about $450 million, or about $16 per share. Ethan Allen's shares closed at $30.99 on Thursday on the...

  • The manager of Canada's public pension fund said net assets fell to C $268.6 billion on June 30 from C $264.6 billion on March 31. Net contributions boosted the fund by C $4.2 billion during the first quarter ended on June 30, while the net investment loss was C $200 million. "The CPP Fund held steady through the first quarter of fiscal 2016 despite broad declines in...

  • LONDON, Aug 13- Hong Kong- based Guard Capital is set to join a tiny group of hedge funds managing $1 billion or more in Asia, sources familiar with the matter said, amid increased demand for funds betting on currencies and interest rates. The so-called macro hedge fund was launched by Leland Lim, the former co-head of macro trading for Asia Pacific ex- Japan at Goldman,...

  • NEW YORK, August 13- For Julian Robertson, the 83- year-old billionaire former hedge fund manager, history is repeating itself. Robertson's personal fortune has more than doubled to $3.4 billion since 2000, and his Tiger Management is as strong as ever: the hedge funds he has ownership stakes in now manage more than $30 billion, up from about $20 billion in early...

  • Celgene Corp has alleged Bass is abusing a process set up to challenge patents by short selling pharmaceutical shares that drop when a patent review is filed. Last month, Celgene, one of the world's largest biotechnology firms, asked the patent office to sanction Bass and others behind the coalition by throwing out its patent challenges. Celgene said Bass' real...