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Capital Markets Asset Management and Custody Banks

  • Henderson-Janus merge is a

    Andrew Formica, CEO of Henderson Global Investors, explains more about the merger of asset managers and what was the catalyst for the deal.

  • Expect more asset management mergers: Investment director

    Sonja Laud, investment director at Barings, says negative interest rates and rise of passive products are hitting the industry.

  • More asset management mergers should be expected: Expert

    Antonin Jullier, global head of equity trading strategy at Citi, comments on the announced merger of asset managers Janus Capital and Henderson.

  • The China Securities Regulatory Commission will let investors in the Qualified Foreign Institutional Investor programme and the yuan-denominated variant RQFII scheme decide themselves how to allocate their assets in China. The commission has notified custodian banks of the rule changes recently, it said on its official Weibo account, a popular...

  • SHANGHAI, Sept 30- China's securities regulator will scrap limits on asset allocations under the Qualified Foreign Institutional Investor programme, and its yuan-denominated variant RQFII scheme, in a bid for more long-term capital inflows, the official Shanghai Securities News said on its website on Friday. The China Securities Regulatory Commission...

  • BEIJING, Sept 30- The outstanding amount of China's dollar-denominated Qualified Foreign Institutional Investor programme rose to $81.74 billion at end-September, from $81.48 billion in August, the foreign exchange regulator said on Friday.

  • NEW YORK, Sept 29- CNO Financial Group Inc on Thursday said that two of its subsidiaries were terminating agreements with reinsurer Beechwood Re, after regulators in two states said that many assets managed by Beechwood were not compliant with insurance company guidelines because of exposure to troubled hedge fund manager Platinum Partners.

  • Sept 29- Hedge fund Och-Ziff Capital Management Group LLC will pay over $400 million and Chief Executive Officer Daniel S. Och will pay another $2.2 million to resolve civil and criminal charges related to bribing officials in several African countries, U.S. prosecutors and regulators said on Thursday. As part of a deal with the Justice Department, Och-Ziff...

  • NEW YORK, Sept 29- Jeffrey Gundlach, chief executive of DoubleLine Capital, said on Thursday that investors should tread carefully when trading Deutsche Bank AG shares because a government bailout is not out of the question. Earlier on Thursday, the U.S.-traded shares hit a record low. Gundlach, who oversees more than $100 billion at Los Angeles- based DoubleLine,...

  • *OPEC deal boosts energy shares, drugmakers down. LONDON, Sept 29 (Reuters)- European shares ended flat on Thursday as losses among drugmakers offset energy share gains following an OPEC deal to cut output, while Commerzbank slid after the German lender froze dividend payments. Ronny Claeys, senior strategist at KBC Asset Management, said the OPEC agreement was...

  • The twice-annual Billion Dollar Club report, released on Thursday, showed a decline of nearly 7 percent, or $132 billion, to July 2016 from a year ago. Firms including Och-Ziff Capital Management Group LLC, BTG Pactual Asset Management, York Capital Management, Pershing Square Capital Management and J.P. Assets for the Billion Dollar Club have fallen over the...

  • LONDON, Sept 29- Mark Lyttleton, a former fund manager at the UK division of asset manager BlackRock Inc, has been charged with insider dealing by Britain's markets regulator. The Financial Conduct Authority said on Thursday it had charged 45- year-old Lyttleton with three counts of insider dealing relating to trading in equities and a call option between...

  • NEW YORK, Sept 29- The Federal Reserve and Bank of Japan's actions last week have given a second wind to an alternative investment strategy that relies on cheap money and low market volatility to produce outsized returns. The funds had a rough 2015 when volatility spiked because of concerns about China's economy and tumbling oil prices, prompting investors to...

  • NEW YORK, Sept 28- Och-Ziff Capital Management Group LLC will pay $400 million and a subsidiary will plead guilty to resolve U.S. probes into its involvement in bribes paid to African officials, two people familiar with the matter said on Wednesday. A spokesman for the Justice Department declined comment while SEC representatives did not immediately respond...

  • NEW YORK, Sept 28- Och-Ziff Capital Management Group LLC will pay $400 million and a subsidiary will plead guilty to resolve U.S. probes into its involvement in bribes paid to African officials, two people familiar with the matter said on Wednesday. A spokesman for the Justice Department declined comment while SEC representatives did not immediately respond...

  • LONDON, Sept 28- Investors following the stock market maxim "Sell in May and go away" will be ruing that decision this year, after emerging market, Japanese and euro zone equities emerged as the biggest winners in the third quarter. U.S. equities did less well but were still firmly into gains. There are signs that the coming quarters may not be as robust, but for the third,...

  • Sept 27- Democrat Hillary Clinton and Republican Donald Trump traded barbs and accusations on Monday in the first debate ahead of the Nov. 8 U.S. presidential election. Following is a compilation of reaction to the debate from investors, economists and financial market analysts:. JAMES ATHEY, INVESTMENT MANAGER AT ABERDEEN ASSET MANAGEMENT:.

  • *Committed investors see payoff from solid Asia returns. SINGAPORE, Sept 23- Having weathered almost two years of volatility spurred by a fickle Federal Reserve, most long-term investors in Asia's emerging markets barely blinked this week as the Fed once again redrew the future path of U.S. interest rates. "The idea that yields are going to be lower for longer is...

  • NEW YORK, Sept 26- Perry Capital, the hedge fund firm founded by Richard Perry and Paul Leff in 1988, plans to wind down its main hedge funds, according to a letter sent to investors on Monday and seen by Reuters. "Although I continue to believe very strongly in our investments, process and team, the industry and market headwinds against us have been strong, and the...

  • NEW YORK, Sept 26- Perry Capital, the hedge fund firm founded by Richard Perry and Paul Leff in 1988, plans to wind down its main hedge funds, according to a letter sent to investors on Monday and seen by Reuters. "Although I continue to believe very strongly in our investments, process and team, the industry and market headwinds against us have been strong, and the...