Capital Markets Asset Management and Custody Banks

More

  • TORONTO, Feb 18- Canadian pension funds achieved a return of 5.4 percent on their investments in 2015 as their strategy of diversifying internationally helped mitigate volatile market conditions, research by RBC Investor& Treasury Services showed. "Canadian pension plans clearly benefited from global diversification portfolio strategies," David Heisz,...

  • Feb 17- North Dakota's energy regulator said on Wednesday he is worried about hedge funds and other investment groups buying oil assets in the state and conducts background checks on potential acquirers. Lynn Helms, head of North Dakota's Department of Mineral Resources, said he is worried some buyers might have a lack of experience running oil or natural gas...

  • NEW YORK, Feb 16- Top U.S. hedge fund management firms, including Visium Asset Management and Sand Grove Capital Management, took stakes in renewable energy company SunEdison Inc during the fourth quarter. Visium bought 1.3 million shares and Sand Grove Capital added a new position of 272,000 shares, while Adage Capital Partners bought 9.2 million shares to own...

  • NEW YORK, Feb 16- Top U.S. hedge fund management firms, including Visium Asset Management and Sand Grove Capital Management, took stakes in embattled renewable energy company SunEdison Inc during the fourth quarter. Visium bought 1.3 million shares, Sand Grove Capital added a new position of 272,000 shares, while Adage Capital Partners bought 9.2 million...

  • Feb 16- Equipment financing company Element Financial Corp said it will split into two publicly traded companies, after a strategic review. Element Fleet Management will operate company's fleet management operations, while Element Commercial Asset Management will include the company's commercial and vendor financing business, the company said on...

  • LONDON, Feb 16- The European Union may tweak the bloc's asset management rules but does not plan an overhaul, a senior EU official said in London on Tuesday, seeking to ease British concerns about more regulation. London is Europe's biggest asset management centre and as Britain readies to vote on whether to stay in the EU it is trying to secure more leeway on...

  • SYDNEY, Feb 16- Australian ports and rail giant Asciano Ltd formally dumped an A $8.9 billion buyout from Canada's Brookfield Asset Management Inc after it failed to match a higher offer from local rival Qube Holdings Ltd.. In a statement on Tuesday, Asciano said that after giving the Canadian infrastructure investor five days to match a A $9 billion rival...

  • MILAN, Feb 15- European shares were sharply higher on Monday, with a rebound in banking stocks and sharp gains among French telecoms stocks on M&A expectations underpinning the market. "It's no surprise to see markets rebounding after excessive movements seen in the last few weeks," said Riccardo Ambrosetti, chairman of Italy's Ambrosetti Asset Management.

  • DUBAI, Feb 14- A leap by the Tehran stock market in the past four weeks contrasts with gloom in many bourses around the world and hints at Iran's investment potential as its economy, long isolated by sanctions, rejoins the global trading system. The TEDPIX index has soared 18.3 percent since Jan. 16, when the sanctions were lifted after an international deal on...

  • BOSTON, Feb 12- Valiant Capital Partners, a hedge fund with ties to renowned investor Julian Robertson that has been closed to new investments since 2012, is raising fresh capital, a person familiar with the firm's plans said. The San Francisco- based firm, which has bet heavily on technology stocks including Apple, Facebook and Amazon, wants to keep its assets near...

  • *U.S. oil settles up 12 pct on renewed talk of OPEC cut. U.S.-listed shares of Deutsche Bank were up 12 percent at $17.38, while the S&P financial index rallied 4 percent, its largest daily percentage gain since November 2011. "Europe was strong and especially the banks in Europe, and that appeared to have some positive carryover effect on sentiment towards banking...

  • NEW YORK, Feb 12- The global chief investment strategist for BlackRock Inc, the world's largest asset manager, on Friday described Japanese stocks as cheap and "arguably the most oversold" in financial markets.

  • *U.S. oil settles up 12 pct on renewed talk of OPEC cut. U.S.-listed shares of Deutsche Bank were up 11.3 percent at $17.27, while the S&P financial index rallied 3.8 percent. "Europe was strong, especially the banks, and that appeared to have some positive carryover effect on banking stocks here in the U.S.," said John Carey, portfolio manager at Pioneer Investment...

  • SINGAPORE, Feb 12- Singapore's DBS Group Holdings and Oversea-Chinese Banking Corp as well as Swiss bank Julius Baer have submitted non-binding bids for Barclays' Asian private wealth business, people familiar with the matter said. Barclays managed $36 billion in private banking assets in Asia as of last year, according to a survey by industry publication...

  • SINGAPORE, Feb 12- Singapore's DBS Group Holdings and Oversea-Chinese Banking Corp as well as Swiss bank Julius Baer have submitted non-binding bids for Barclays' Asian private wealth business, people familiar with the matter said. Barclays managed $36 billion in private banking assets in Asia as of last year, according to a survey by industry publication...

  • SAN JUAN, Feb 11- Billionaire hedge fund investor John Paulson, closely followed for his views on the markets, said on Thursday the sliding stock market is "overreacting" and that the United States economy remains strong. The S&P 500 is down 9.4 percent year to date on concerns about depressed oil prices, China's economy and weakness in U.S. company earnings.

  • CNBC takes a look at Europe's largest banks in the region by market capitalization and considers what, if anything, you need to worry about.

  • NEW YORK, Feb 11- Restaurant stocks have sat like dry toast for the last six months, but investors are now starting to nibble back into the sector. "We are getting close to an investment opportunity in restaurant stocks," said Bryant Evans, portfolio manager at Cozad Asset Management in Champaign, Illinois. Sector employment has been expanding as well; in January it...

  • SINGAPORE, Feb 11- A private banker, caught up in Singapore's money laundering probe linked to 1 Malaysia Development Bhd, was a key link between the embattled state investor, a Swiss private bank and a Malaysian businessman connected to the troubled fund. Yak was not personally at the Singapore High Court on Friday, when he sought to unfreeze his Singapore funds...

  • TORONTO, Feb 10- Insurer Sun Life Financial Inc reported higher fourth-quarter earnings, driven by growth in its Canadian, Asian and asset management businesses. Net income for the quarter ended Dec. 31 was C $536 million, or 87 Canadian cents a share, compared with C $502 million, or 81 Canadian cents a share, a year ago. Profit from Asia, where Toronto- based Sun Life has...