Capital Markets Asset Management and Custody Banks


  • Dec 3- Sandell Asset Management Corp urged Bob Evans Farms Inc to sell its packaged foods business, which the activist investor said could fetch more than $950 million. Cereal maker Post Holdings Inc has expressed interest in the packaged foods business, Sandell said in a letter sent to the Bob Evans board. Post Holdings also has the ability to structure a deal...

  • Dec 3- Sandell Asset Management Corp urged Bob Evans Farms Inc to sell its packaged foods business, which the activist investor said could fetch more than $950 million.

  • DUBLIN, Dec 3- The' bad bank' set up six years ago to mop up toxic assets in Ireland's financial system is on track to generate possible profits of over 2 billion euros, its chairman said on Thursday, in a sign of the economy's dramatic turnaround. The National Asset Management Agency was established in 2009 to rid local banks of risky loans made before a property...

  • LONDON/ NEW YORK, Dec 2- A weak overall performance for hedge funds which bet on macroeconomic trends this year has not stopped some investors from gearing up to trust them with their money in 2016.. Notable closures were the main macro fund at Fortress Investment Group, a $1 billion fund at the world's biggest asset manager, BlackRock, and Bain Capital's $2.2...

  • A climate fund offered to European investors by HSBC, the HSBC GIF Global Equity Climate Change fund, holds stock in U.S. oil producer and refiner Chevron Corp, South African energy company SASOL Ltd and British oil and gas producer BG Group Plc. "It is not so much about avoiding companies that are carbon emitters, but about investing in companies that have sought to...

  • Commentators and investors are almost unanimous in expecting OPEC to leave its production target unchanged. OPEC ministers, led by Saudi Arabia's Ali Naimi, have done nothing to contradict that view, leaving hedge funds free to continue selling in the expectation prices will move even lower. OPEC could decide to confound investors by agreeing to cut output in...

  • LONDON, Dec 1- BlueCrest Capital Management, the $8 billion hedge fund firm founded by billionaire Michael Platt, is returning all the cash provided by outside investors amid pressure on fees, rising costs and a lackluster performance. The decision, which follows an exodus of capital in recent years and disappointing returns relative to some rivals, is a shock...

  • BOSTON, Dec 1- Will Danoff, one of the U.S. mutual fund industry's best stock pickers over the past 25 years, is tapping the brakes on funding so-called unicorn companies, saying the prospects for fast growing private businesses before they go public may be fading. Danoff, 55, is not a household name and lacks the swagger of hedge fund managers such as Pershing...

  • SHANGHAI, Dec 1- China's share markets held a soft tone on Tuesday, hurt by weak factory activity despite the International Monetary Fund's decision to grant the yuan global reserve currency status. "Theoretically, the move would make yuan assets more attractive to global investors over the long term," said Samuel Chien, partner of hedge fund manager Shanghai...

  • SAO PAULO, Nov 30- André Esteves, the Brazilian billionaire financier who was arrested last week in a sweeping corruption investigation, tried to turn Grupo BTG Pactual SA into the largest independent investment bank in emerging markets. The same year, they bought back Banco UBS Pactual SA from UBS Group AG, merging the units into Grupo BTG Pactual SA.

  • Hedges hedge funds

    Investors flagged their intention to shift more money out of hedge funds in November as they adjusted positions before the year-end, data showed.

  • China's wealthy are moving to the U.S. in rising numbers. This banking start-up hopes to capitalize on the migration.

  • Does Asia need more socially-responsible investors?

    Chandran Nair, founder and CEO of the Global Institute For Tomorrow, says socially responsible investing can bring about environmental and social change in Asia, as well as financial rewards for investors.

  • General Electric

    GE seeks to sell its asset management arm to an investment management firm, as it continues to make moves to focus on its industrial products.

  • A pump jack and pipes at an oil field near Bakersfield, California.

    Renowned oil trader Andy Hall suffered his second-biggest monthly loss in July in a "brutal month" that left his hedge fund about $500 million poorer.

  • New rules impacting asset managers: Silverfinch MD

    John Dowdall, managing director at Silverfinch, says new regulations are starting to impact the asset management industry.

  • Man walks past HSBC bank branch

    HSBC, one of the largest hedge fund investors in the world, has changed the leadership of a key private banking unit.

  • A currency exchange in Mecca, Saudi Arabia.

    Foreign investors can own no more than 10 percent of Saudi Arabia's stock market by value, the regulator said on Monday.

  • JPMorgan Chase headquarters building

    Bank stocks will move as interest rates rise, but how so is a complex question. Here are 9 keys to bank-stock profits as the Fed acts.

  • Blackstone reported a 6 percent decline in fourth-quarter profit on Thursday as its real estate funds appreciated less than they did a year ago.