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  • *U.S. private equity firm to buy 24.9 pct of Marshall Wace. LONDON/ BENGALURU, Sept 9- American private equity firm KKR& Co is buying a stake in European hedge fund operator Marshall Wace, raising its bets on the rapidly growing $3 trillion industry. KKR will acquire a 24.9 percent stake in the London- based company, one of Europe's biggest hedge fund operators with $22...

  • Sept 9- A New York state regulator has sought information from banks including Barclays, Deutsche Bank, Goldman Sachs and Credit Suisse on potential manipulation of U.S. U.S. Department of Justice spokesman Peter Carr and representatives of five of the banks declined to comment, while BNP Paribas was not immediately available for comment.

  • Quebecor Media buys part of Caisse stake for C$500 mln Wednesday, 9 Sep 2015 | 9:11 AM ET

    Sept 9- Telecommunications provider and publisher Quebecor Media Inc, a unit of Quebecor Inc, said it had bought 28.6 percent of Caisse de dépôt et placement du Québec's stake in the company for C $500 million. The Caisse, Canada's second-largest pension fund manager, continues to hold about 18.2 million shares, or 18.9 percent, of Quebecor Media.

  • Sept 9- Private equity firm KKR& Co LP said it would acquire a 24.9 percent stake in London- based hedge fund Marshall Wace LLP. KKR, which did not disclose the value of the cash and common units deal, has the option to raise its stake to 39.9 percent. Marshall Wace had over $22 billion in assets under management as of Aug. 1.

  • HONG KONG, Sept 9- The Hong Kong securities watchdog is investigating whether brokers and hedge funds in the financial center violated their operating licenses in creating and trading China investment products, three people with direct knowledge of the matter said. The investigation began about two weeks ago and is focused on how international brokers and...

  • LAGOS, Sept 8- JP Morgan will remove Nigeria from its Government Bond Index by the end of October, the bank said on Tuesday, after warning the government of Africa's biggest economy that currency controls were making transactions too complicated. The JP Morgan index tracks around $210 billion in assets under management. Nigeria became the second African...

  • Sept 8- Bridgewater Associates' Pure Alpha II Fund, the firm's flagship hedge fund, was down 6.9 percent in August but still up 4.1 percent year-to-date as of Aug. 31, two sources familiar with the fund said on Tuesday. Bridgewater, the world's largest hedge fund, manages $162 billion in assets and the firm's Pure Alpha strategies had approximately $70 billion in...

  • LONDON, Sept 8- A look at valuations illustrates how regulatory concerns and stubbornly low energy prices have stoked investor anxiety over Royal Dutch Shell's planned takeover of British rival BG Group. That gap between the price of BG shares and the Shell cash and shares offer has widened over the past two weeks to an average of 16 percent from around 12...

  • MSCI's broadest emerging market index was up 1.3 percent following a surge in Chinese mainland equities after August trade data showed a 13.8 percent fall in imports and a 5.5 percent fall in exports. Simon Quijano-Evans, chief emerging markets strategist at Commerzbank, said there may have been some buying by Chinese state institutions to help stabilise...

  • LONDON, Sept 7- Hedge funds covered only a small part of their gross short position in U.S. crude oil futures and options during the recent rally, implying there is a lot more short-covering still to come. Money managers held short positions equivalent to 136 million barrels at the end of trading on Sept. 1, according to data released by the U.S. Commodity Futures...

  • LONDON, Sept 7- The combined assets of the world's largest 300 pension funds grew more than 3 percent in 2014 to a new high of more than $15 trillion, driven by retirement saving in North America and Europe, a study showed on Monday. North America had the highest five-year combined compound growth rate of around 8 percent, according to the study, compiled by...

  • *Toshiba turns positive after it releases earnings. The U.S. economy is recovering, and it should be good for the Japanese economy if we didn't have worries about China, "said Yoshihiro Okumura, an analyst at Chibagin Asset Management. But he said that the market, which in recent weeks has been hit by worries of a hard landing in China, may stay sluggish ahead of the...

  • GENEVA PROSECUTOR'S OFFICE SAYS CRIMINAL COMPLAINTS WERE AGAINST FIVE FORMER EXECUTIVES OF A GENEVA WEALTH MANAGEMENT COMPANY, OVER EXCESSIVE ASSETS IN A MADOFF "FEEDER FUND".

  • LONDON, Sept 4- Investors continued to pull billions of dollars out of emerging market stocks in the week to Sept. 2, but the cumulative outflow recently is now so large it is flashing a "buy" signal to investors, Bank of America Merrill Lynch said on Friday. The $5.2 billion outflow brought redemptions over the last four weeks to $24 billion, or 2.94 percent of assets...

  • LONDON, Sept 4- China-focused hedge funds suffered record losses in the past three months and were overtaken by their Japan- themed peers as this year's best performers, leaving them at risk of a surge in redemptions. Some managers were caught out by the extent of the selloff in China, re-entering the market prematurely. "Many managers thought the collapse had...

  • NEW YORK, Sept 3- An $80 billion portfolio managed by hedge fund titan Ray Dalio's Bridgewater Associates and widely held by many pension funds slumped in August and some investors blame the strategy of such funds for the eruption in volatility that slammed stocks and commodities. Bridgewater's "All Weather Fund" fell 4.2 percent in August and is down 3.76...

  • BOSTON, Sept 2- Hedge fund mogul William Ackman, one of last year's best performers, joined a string of high profile managers in reporting deep losses for August as global markets tumbled amid fears over slower growth in China. Ackman's Pershing Square Capital Management, which makes concentrated bets on a small number of stocks, told clients on Wednesday that...

  • *Tech stocks lead, Netflix hit by short-sell recommendation. *Ambarella's forecast drags down GoPro. It's market volatility, it's nervousness, it's an inability to call the direction of the market, "said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma.

  • Traders in lock-step keep up pressure after sell-off Wednesday, 2 Sep 2015 | 10:33 AM ET

    *Trend-following funds add to selling pressure-J.P.Morgan. LONDON, Sept 2- Understanding why financial markets are caught in the grip of the kind of volatility that has seen moves of more than 8 percent in two days may have more to do with trading the trend than a radical shift in the economic growth outlook. For every 10 percent drop in equity indexes, J.P.Morgan...

  • LONDON, Sept 1- European insurers' assets under management jumped 9.4 percent to 9.9 trillion euros in 2014 from a year earlier, trade body Insurance Europe said on Tuesday, mainly driven by increased investment by life insurers. European gross written premiums rose by 3.7 percent to 1.2 trillion euros, Insurance Europe said in a statement, with life insurance...