Capital Markets Asset Management and Custody Banks

  • NEW YORK, Jan 17- Morgan Stanley inked deals with 10 technology outfits last year to improve the products and services it offers wealth-management customers, the bank said on Tuesday. Although the tools will not necessarily generate fees, they will help financial advisers do their jobs better, Morgan Stanley Chief Executive James Gorman said.

  • NEW YORK, Jan 17- Morgan Stanley's wealth management business signed deals with 10 new digital partners last year, Chief Executive James Gorman said during a call on Tuesday with analysts to discuss the bank's fourth-quarter earnings. Unlike some of its Wall Street peers who have announced partnerships with automated investment tools called "robo-advisors,"...

  • The switch from active to passive asset management / Why there's no nirvana in investing

    CNBC's Julia Chatterley discusses the Davos panel she hosted on asset management, in which CEOs discussed changes facing the industry.

  • QE has meant all assets go up at once: Aberdeen CEO

    Aberdeen Asset Management CEO Martin Gilbert takes a look at the future of the asset management sector and the types of investing.

  • We are seeing more consolidation: Aberdeen AM CEO

    Allianz CEO Oliver Bäte and Aberdeen Asset Management CEO Martin Gilbert talk about whether consolidation in the asset management sector will continue in 2017.

  • LONDON, Jan 17- Worries over Donald Trump's economic policies and the potential for U.S. policy errors rose sharply this month, according to a survey of fund managers released on Tuesday, prompting them to hold more cash even though they expect growth and inflation to rise further. Bank of America Merrill Lynch's monthly fund manager survey for January also...

  • LONDON, Jan 17- Carlyle Group has agreed to become the largest shareholder in Johannesburg- based Global Credit Ratings, the U.S. buyout fund said on Tuesday, looking to broaden the pan-African ratings agency's services. Carlyle raised $698 million for its Africa buyout fund in 2014, exceeding its $500 million target. Founded more than two decades ago as the...

  • Trump means old asset management game long gone: Barings CEO

    Barings CEO Tom Finke speaks about developments in the asset management industry, particularly following the election of Donald Trump to U.S. president.

  • Asset management is transforming: Barings CEO

    Barings CEO Tom Finke discusses his business in the light of Brexit, adding that he does not expect a "mass exodus from the city."

  • LONDON, Jan 17- Carlyle Group has agreed to buy Johannesburg- based Global Credit Ratings, the U.S. buyout fund said on Tuesday, looking to broaden the pan-African ratings agency's services. GCR serves 400 customers across 20 countries and is the only ratings agency to have a strong presence in multiple geographies across Africa, Carlyle said.

  • LONDON, Jan 16- Hedge fund bullishness towards the price of crude oil appears to have peaked for the time being, with fund managers booking some profits after the strong rally in the final seven weeks of 2016.. Hedge funds and other money managers cut their net long position in Brent and WTI futures and options by the equivalent of 15 million barrels in the week to...

  • LONDON, Jan 16- Hedge fund bullishness towards the price of crude oil appears to have peaked for the time being, with fund managers booking some profits after the strong rally in the final seven weeks of 2016.. Hedge funds and other money managers cut their net long position in Brent and WTI futures and options by the equivalent of 15 million barrels in the week to...

  • STOCKHOLM, Jan 16- SEB CEO Annika Falkengren, who steered Sweden's fourth-biggest bank through the financial crisis and its aftermath, is quitting to join Swiss wealth and asset manager firm Lombard Odier Group. Falkengren, 54, is one of only a few female bank chief executives in Europe and a flag-bearer for women in Swedish industry where women hold the top job...

  • NEW YORK, Jan 13- U.S. bank stocks will stay in favor with investors as long as earnings reports in the coming week show an improving profit outlook while investors wait to see if U.S. President-elect Donald Trump lives up to his campaign promises. Results and guidance from the big banks scheduled to report in the week ahead could boost the sector, according to John...

  • NEW YORK, Jan 13- BlackRock Inc CEO Larry Fink seems optimistic about the potential for a $1 trillion infrastructure plan under the new administration of U.S. "Within the U.S. alone, markets are anticipating up to $1 trillion of domestic infrastructure investments over the next few years," he said on a call discussing the company's 2016 earnings with analysts on...

  • NEW YORK, Jan 13- BlackRock Inc, the world's biggest asset manager, reported better-than-expected quarterly profits on Friday as it clamped down on expenses and investors stormed into lower-cost funds to take advantage of a year-end rally. Investors poured $88 billion into the company's market-tracking index investments and its iShares exchange-traded...

  • The SEC said that the billing errors at Morgan Stanley affected more than 149,000 clients. In addition, the SEC said that Morgan Stanley did not comply with custody rules, in which an independent accountant conducts an annual "surprise" exam to ensure asset managers are keeping their clients' money safe. For two consecutive years, the SEC said, Morgan Stanley did...

  • WASHINGTON, Jan 13- Morgan Stanley will pay $13 million to settle civil charges that it overbilled some of its wealth management clients because of coding and other billing system errors, U.S. regulators said Friday. The Securities and Exchange Commission said the bank was also charged with violating custody rules designed to safeguard investor assets.

  • NEW YORK, Jan 13- BlackRock Inc, the world's biggest asset manager, reported better-than-expected quarterly profits on Friday as it clamped down on expenses and investors stormed into lower-cost funds to take advantage of a year-end rally. Investors poured $88 billion into the company's market-tracking index investments and its iShares exchange-traded...

  • NEW YORK, Jan 13- BlackRock Inc, the world's biggest asset manager, reported better-than-expected quarterly profits on Friday as it clamped down on expenses and investors stormed into lower-cost funds to take advantage of a year-end rally. Investors poured $88 billion into the company's market-tracking index investments and its iShares exchange-traded...