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  • Yale's endowment posts 11.5 pct returns Thursday, 24 Sep 2015 | 5:47 PM ET

    Sept 24- Yale University's investment return was 11.5 percent for the year ended June 30, valuing its endowment at $25.6 billion, according to a report on the university newsletter. Harvard University's endowment posted a 5.8 percent return in 2015 to hit a record $37.6 billion. Harvard's endowment remains the largest in the world.

  • CHICAGO, Sept 24- Would you like some advice with that 401 plan? Two of the leading companies in online investment advice launched initiatives this month aimed at getting more personalized financial advice to workplace retirement savers. Meanwhile, Financial Engines- the current leader in 401 financial advisory services- is giving more workers access to its...

  • NEW YORK, Sept 24- A little-known New York City investment firm and its owner were charged with fraud on Thursday by the U.S. Securities and Exchange Commission for issuing a misleading press release announcing their offer to buy 51 percent of Barnes& Noble Inc.. The SEC said the Feb. 21, 2014 statement from G Asset Management LLC and Michael Glickstein misled...

  • PARIS, Sept 24- Private bank and asset manager the Edmond de Rothschild Group said on Thursday it would press ahead with legal action against a rival branch of the banking dynasty over use of the Rothschild name. The Edmond de Rothschild Group, which began the legal action a few months ago, said the name change would create confusion. "We deplore this decision, which...

  • Once considered niche issues, humane food-sourcing practices like cage-free egg buying and gestation crate bans have won headline-grabbing commitments from global companies such as McDonald's Corp, Wal-Mart Stores Inc and Nestle. On Thursday, BlackRock Inc will host investment fund managers at its New York City headquarters for a "Humane Economy" event...

  • BOSTON, Sept 23- Hao Capital, a small hedge fund specializing in Chinese stocks, has done something nearly unheard of in this year's up-and-down market: doubling investors' money. The MSCI China index was down 11.5 percent for the first eight months of 2015 after an 11.7 percent drop in August more than wiped out gains from earlier in the year, according to a Hao...

  • BOSTON, Sept 22- Harvard University's endowment posted a 5.8 percent return in fiscal year 2015 to hit a record $37.6 billion, the elite school's in-house fund management company said. The returns for the 12 months ended June 30 were driven by outsized profits in stocks, venture capital investments in technology and biotech, and real estate holdings, Harvard...

  • Hedge fund launches on slower pace in 2015 -HFR data Tuesday, 22 Sep 2015 | 4:04 PM ET

    BOSTON, Sept 22- The hedge fund sector is on pace for far fewer start-ups in 2015 than in the last four years, data released on Tuesday showed, illustrating the difficulty of launching a fund even in a year that has seen a handful of prominent managers set off on their own. Since January, 516 hedge funds have been launched, tracking and research firm Hedge Fund Research...

  • BOSTON, Sept 22- An executive for State Street Global Advisors said it voted to let Bank of America Chief Executive Brian Moynihan keep his additional title of chairman, votes that helped him retain the role at the bank's shareholder meeting held earlier on Tuesday. Rakhi Kumar, head of corporate governance for State Street Corp's asset management arm, said in an...

  • Sept 22- The Canada Pension Plan Investment Board said on Tuesday it has voted to strip Bank of America Corp Chief Executive Officer Brian Moynihan of his chairman's title, the biggest shareholder so far to declare its intentions in a closely watched corporate governance contest. The Canada Pension Plan Investment Board controls 103 million shares of the...

  • BOSTON, Sept 22- The Canada Pension Plan Investment Board said on Tuesday it has voted its large stake in Bank of America Corp against bylaw changes allowing the bank's chief executive officer, Brian Moynihan, to also serve as chairman. The Charlotte-based bank will hold a special shareholder meeting Tuesday morning on bylaw changes it made last year to allow...

  • Daniel Fournier, chief executive of Ivanhoe Cambridge, the real estate arm of Caisse de depot et placement du Quebec, said on Monday he won't have to take bigger risks as yields weaken, a strategy he saw many investors take before the global financial crash. Ivanhoe Cambridge, which owns C $48 billion in assets, generated an average 13 percent return a year over the...

  • China rate cuts bypass business heart of economy Monday, 21 Sep 2015 | 5:00 PM ET

    *Underlines concerns about health of China economy. HONG KONG, Sept 22- For Wu Yinghua, an executive at a mid-sized optical disc company in China, business has never been so bad. So although China has announced a volley of rate cuts to stabilise its battered stock market and reverse a slowdown in growth, SMEs are experiencing little or no benefit, underlining...

  • Galen Marsh, who worked in Morgan Stanley's private wealth management division, entered the plea in federal court in Manhattan, according to court records. While improperly accessing the client information, Marsh was in talks about landing a new job with two Morgan Stanley competitors, the documents said. In January, Morgan Stanley said up to 10 percent of its...

  • LONDON, Sept 21- Hedge funds continued to pare short positions in U.S. crude oil last week even as the previous short-covering rally ran out of steam. Hedge funds and other money managers reduced their gross short position in the main NYMEX U.S. crude futures and options contract by 14.5 million barrels in the week ended Sept. 15. Hedge funds have reduced their gross...

  • BEIJING, Sept 21- China will expand Britain's Renminbi Qualified Foreign Institutional Investor quota based on market demand, the two countries said in a statement distributed at a briefing in Beijing on Monday. Britain said it welcomed the simplification of the RQFII and Qualified Foreign Institutional Investor scheme, according to a joint UK- China...

  • Rick Rieder, chief investment officer of global fixed income at BlackRock, the world's biggest asset manager with $4.7 trillion in assets under management, told Reuters: "I had thought that investment-grade credit had very limited value for the past few years, but some of these spread levels are very attractive right now." The Fed's wary global view due to...

  • Fed's growth warning hits European, U.S. stocks. NEW YORK, Sept 18 (Reuters)- Stocks on major markets slipped on Friday and bond prices rose, pushing yields sharply lower, after the U.S. "Investors are wrestling with how concerned they should be regarding global growth," said Jeremy Zirin, chief equity strategist at UBS Wealth Management in New York.

  • LONDON, Sept 18- A hedge fund that has for years used courts to secure better debt repayment terms from Argentina has accumulated Ukraine sovereign bonds and formed a group seeking improvements to a recent debt workout, a source with knowledge of the matter said. A restructuring deal agreed in August allows Ukraine to cut principal repayments on its bonds by 20...

  • CORRECTED- ANDY HALL'S OIL-FOCUSED COMMODITIES FUND HAS $2.8 BLN IN TOTAL ASSETS UNDER MANAGEMENT AT END-AUG, UNCHANGED FROM JULY.