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  • *Government sought advice on setting up Infrastructure Bank. OTTAWA/ TORONTO, Feb 10- The Canadian government is talking to the country's largest pension funds about investing in billions of dollars worth of infrastructure projects to help stimulate the economy, the Infrastructure Ministry told Reuters on Wednesday. Executives at Canada's pension funds,...

  • EXCLUSIVE- CANADA IN TALKS WITH MAJOR CANADIAN PENSION FUNDS OVER INVESTMENT IN INFRASTRUCTURE PROJECTS- MINISTRY.

  • BOSTON, Feb 10- Fidelity's high-flying OTC Portfolio, which has trounced benchmark returns over the past several years, is taking a beating in the early going of 2016 that is nearly unrivaled in the U.S. mutual fund industry. That is worse than 98 percent of peers running large-cap growth funds, according to Lipper Inc.. It has been an upside-down year for the 39-...

  • Feb 10- Viacom Inc investor SpringOwl Asset Management urged the media company's six independent directors to step down immediately, days after the board appointed Chief Executive Philippe Dauman to the additional post of executive chairman. Only Redstone's daughter Shari Redstone, non-executive vice chair of the board, voted against Dauman's...

  • Feb 10- Viacom Inc investor SpringOwl Asset Management called for the media company's independent directors to step down immediately, days after the board appointed Chief Executive Philippe Dauman as executive chairman. SpringOwl, which has been agitating for change at Viacom, said in a statement that the board is not representing the wishes of...

  • CNBC takes a look at what measures the euro zone has in place to stop banking systems in its 19 member countries going to the wall.

  • BOSTON, Feb 9- Hedge fund manager William Ackman, who has a $1 billion short bet on Herbalife stock, on Tuesday released a video of former Herbalife sellers claiming the company misled them. Herbalife shares on Tuesday opened flat then rose 2.6 percent to $44.55. Ackman's firm, Pershing Square Capital Management, posted the video on its website...

  • NEW YORK, Feb 9- The chief investment officer of Apex Capital is departing to launch a new technology-focused hedge fund, causing a restructuring of his old firm, according to a letter sent to Apex clients and a person familiar with the situation. That new firm is SoMa Equity Partners, and will led by current Apex chief investment officer Gil Simon.

  • EXCLUSIVE: APEX CAPITAL CIO DEPARTS TO LAUNCH TECH-FOCUSED HEDGE FUND- LETTER.

  • Feb 9- Closely followed oil bull Andy Hall said his Astenbeck Capital Management lost 4 percent in January as weak global markets extended last year's gloom that cost the hedge fund its biggest- ever annual loss of 36 percent, according to monthly data from the fund. Assets under management at Connecticut- based Astenbeck declined by about $100 million to $2...

  • *Gold prices steadied near seven-month highs, while yields on Japan's 10- year government bond slipped into negative territory for the first time ever on Tuesday. * "There is a high probability of a further correction in equity prices, led by banking and energy stocks," said Lorne Baring, managing director of B Capital Wealth Management, adding that looming...

  • Feb 9- Prominent oil bull Andy Hall said his Astenbeck Capital Management lost 4 percent in January as tottering global markets extended last year's gloom that cost the hedge fund its biggest annual loss of 36 percent. The epicenter of January's market anxiety was China, and the U.S. The January loss caused assets under management at the Southport, Connecticut-...

  • ASTENBECK ASSETS UNDER MANAGEMENT AT $2 BLN AT END-JAN, DOWN FROM $2.1 BLN IN DECEMBER- INVESTOR LETTER.

  • OIL BULL ANDY HALL'S ASTENBECK HEDGE FUND DOWN 4 PCT IN JAN, EXTENDING LAST YEAR'S 36 PCT DECLINE- INVESTOR LETTER.

  • NEW YORK, Feb 8- Investors pulled $14 million from the Janus Global Unconstrained Bond Fund, run by closely followed investor Bill Gross, in January, according to Morningstar data on Monday. "The fund continues to struggle to bring in new money even as investors sought out fixed-income products in January amid market uncertainty," said Todd Rosenbluth, director of...

  • Feb 8- Wall Street was deep in the red in volatile trading on Monday, as technology stocks continued to sell off and oil prices remained under pressure, sending investors scurrying to safe-haven assets. "Equities are in a' go-nowhere-fast' mode, with a downward bias in the near term," said Terry Sandven, chief equity strategist at U.S. Bank Wealth Management in...

  • Feb 8- Wall Street was set to open lower on Monday, continuing a technology-led selloff from Friday, as fears of a global economic slowdown worsening and dropping oil prices continue to rattle investors. "Equities are in a' go-nowhere-fast' mode, with a downward bias in the near term," said Terry Sandven, chief equity strategist at U.S. Bank Wealth Management in...

  • China's foreign reserves fell for a third straight month in January, as the central bank dumped dollars to defend the yuan and prevent an increase in capital outflows.

  • BEIJING, Feb 7- China's foreign reserves fell for a third straight month in January, as the central bank dumped dollars to defend the yuan and prevent an increase in capital outflows. China's foreign reserves fell $99.5 billion to $3.23 trillion in January, the lowest level since May 2012, central bank data showed, but higher than the median forecast of $3.20...

  • NEW YORK, Feb 5- Ray Dalio, founder of Bridgewater Associates LP, the world's largest hedge fund, said on Friday that a Wall Street Journal story about a dispute with his heir apparent, Greg Jensen, was overblown. The Wall Street Journal declined to comment. Dalio is chairman and co-chief investment officer of Bridgewater, which has $154 billion in assets under...