GO
Loading...

Enter multiple symbols separated by commas

Capital Markets Asset Management and Custody Banks

More

  • RIO DE JANEIRO, July 7- Concerns that Brazil may lose its coveted investment grade credit rating are again on the rise among government officials and investors who worry that President Dilma Rousseff's austerity push won't fully offset plunging government revenues. As Brazil prepares for a crucial ratings review by Moody's Investors Service in the third...

  • The 21 brokerages transferred a total of over 128 billion yuan into the accounts of state-owned China Securities Finance Corp, which provides margin financing services, the newspaper said, citing Wang Min, vice head of China's securities association. On Monday, the China 50 ETF, the country's biggest ETF that buys into the biggest 50 listed companies in...

  • DIARY-Top Economic Events to July 21 Monday, 6 Jul 2015 | 8:00 PM ET

    SYDNEY- Reserve Bank of Australia holds interest rate meeting- 0430 GMT. PARIS- Bank of France Governor Christian Noyer is due to speak about EU capital markets union at a financial sector conference- 0700 GMT. FRANKFURT- German's Bundesbank Board member Joachim Nagel to speak on "Asset Management of Public Pension Funds"- 1400 GMT.

  • China equity deals surged through market chaos Monday, 6 Jul 2015 | 1:48 AM ET

    *HK, China equity raisings $20.6 bln during market fall. *89 companies raised equity in HK, China in the three-week period. Equity fund raisings in Hong Kong and China totalled $20.6 billion in the past three weeks from 89 companies, nearly triple the volumes clocked at the New York Stock Exchange, according to Thomson Reuters data, and dwarfing London's $1.5...

  • The rout in China's stock markets has wiped out trillions of dollars of market capitalization in Shanghai and Shenzhen's stock markets. Financial spreadbetters expected Britain's FTSE 100 to open down 0.1 percent, Germany's DAX up 0.2 percent, and France's CAC 40 or 0.3 percent higher. "Some of the stocks which have seen bubbly valuations in China have been the...

  • NEW YORK, July 2- Investors pulled $3 billion in assets from Pacific Investment Management Co's flagship fund in June, compared with $2.7 billion the previous month, in another sign Pimco is stabilizing since last fall's departure of star manager Bill Gross. The Pimco Total Return Fund had cash withdrawals of $5.6 billion in April and $7.3 billion in March,...

  • BOSTON/ LONDON, July 2- Hedge funds will likely attract billions of dollars in new money in the next six months after posting solid returns in the first half even as Wall Street's sell-off, sparked by Greece's debt drama, took a bite out of some managers' June returns. June's late month sell-off did hurt monthly returns at Barry Rosenstein's Jana Partners, which fell...

  • NEW YORK, July 2- Greece's full-blown debt crisis and Puerto Rico's unfolding one have dominated headlines all week, but some of the biggest U.S. investors have China at the top of their worry lists. Jeffrey Gundlach, Bill Gross, Dan Ivascyn, Mohamed El-Erian, and David Rosenberg are among the money managers keeping close watch of China where markets have been under...

  • BOSTON, July 2- BlackRock Inc, the world's largest asset manager, expects Greek voters to approve a bailout offer from creditors in a referendum set for Sunday, Global Chief Investment Strategist Russ Koesterich said. A "no" vote on the ballot question, he said, would lead to the sale of risky assets and push down equity markets by 4 percent in Europe and 2 percent in the...

  • HONG KONG, July 2- Foreign asset managers are seeking easier access to China's restricted capital markets, saying it is a prerequisite for mainland-listed shares to be added to global indexes. China- listed shares known as A shares are generally only available to Chinese citizens. The Vanguard FTSE Emerging Markets ETF, which has some $50 billion in assets, ranks...

  • They also agreed to wind down their AlphaBridge Fixed Income Master Fund and two similarly named "feeder funds," which were all launched in 2001, and Carino accepted a three-year ban from the securities industry, the SEC said. Instead, the SEC said the defendants by 2010 were generating those valuations themselves, and encouraging broker-dealers to pass them...

  • NEW YORK, July 1- Star bond fund manager Bill Gross will be getting help running his struggling Janus Capital Group Inc mutual fund from Kapstream Capital Pty Ltd's Kumar Palghat, Janus said on Wednesday after acquiring a majority stake in Kapstream. Gross, who began managing the Janus Global Unconstrained Bond Fund in October, will continue to be primary...

  • Reuters spoke to large U.S. money managers across several asset classes, and 15 of 21 said they expected Greek voters to answer yes to a question whether Athens should accept the proposal submitted by the European Commission, the European Central Bank and the International Monetary Fund on June 25. "Things will get increasingly dire in Greece as the week goes on...

  • *Declines comment on investment opportunities in Greece. DUBLIN, July 1- The European Union should be able to contain the fallout if Greece were to leave the euro zone following a weekend referendum on a bailout program, the head of private equity fund Blackstone said on Wednesday. Greece has appealed to its euro zone partners and the European Central Bank to keep...

  • *Shares surge 17 pct to A $7.77 but below bid price of A $9.05 Asciano's former parent, Toll Holdings, agreed to sale in Jan. SYDNEY, July 1- Canada's Brookfield Asset Management has approached Australia's Asciano Ltd with a $6.8 billion takeover bid, but uncertainty about whether the deal would go through capped gains in the stock price of the rail freight firm.

  • Prime is Sun Life's third acquisition of an asset manager since January. Once all three close, Sun Life will oversee about C $50 billion in assets for third parties, the company said. Toronto- based Sun Life, Canada's third-largest insurer, said the acquisition of Prime, which has about $13 billion in assets under management, would be in cash, but it did not disclose...

  • Toronto- based Sun Life did not disclose the value of the deal. Sun Life followed that up last month with the C $560 million acquisition of North American real estate investment manager Bentall Kennedy Group. Prime Advisors, which had about $13 billion in assets under management as of May 31, will operate as a standalone unit of Sun Life Investment Management, Sun...

  • HONG KONG, June 30- Hong Kong's exchange-traded funds can expect to lose market share to Chinese fund managers when a scheme to mutually trade in both markets starts on Wednesday. "This is going to be a game changer for the Hong Kong ETF market as the mainland funds can offer a bigger variety of products targeting specific sectors and themes than what is currently...

  • New rules impacting asset managers: Silverfinch MD Tuesday, 30 Jun 2015 | 3:30 AM ET
    New rules impacting asset managers: Silverfinch MD

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

  • SHANGHAI, June 30- China's fund association on Tuesday sought to rally confidence as the country's stock markets tumbled, by saying the falling prices presented valuable buying opportunities if hedge fund managers made rational investment decisions. "Confidence is more important than gold," Asset Management Association of China said in a statement on its...