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  • WisdomTree meets 4Q profit forecasts Friday, 5 Feb 2016 | 7:27 AM ET

    NEW YORK _ WisdomTree Investments Inc. on Friday reported fourth-quarter net income of $20.5 million. The average estimate of eight analysts surveyed by Zacks Investment Research was also for earnings of 15 cents per share. Five analysts surveyed by Zacks expected $74.5 million.

  • SAO PAULO/ NEW YORK, Feb 5- Gávea Investimentos Ltda, the hedge fund run by former Brazilian central bank president Arminio Fraga, is doubling down on contrarian bets on Mexico's currency and against Brazil's, a sign that disparities between Latin America's two biggest economies will grow faster. Gávea also kept bets against the currencies of Thailand, South...

  • LONDON, Feb 5- The flow of investor funds out of world stocks extended to its longest run in four years last week, but is still short of levels typically associated with previous recessions or bear markets, Bank of America Merrill Lynch said on Friday. That's similar to the $36 billion outflow around the market sell-off in August last year, but still well short of the...

  • *Canadian pension funds worried market overheating. *Funds concerned valuations overlook illiquidity. TORONTO, Feb 5- Canada's biggest pension funds say they are walking away from more and more global infrastructure deals, citing concerns that intense competition for assets has driven valuations too far.

  • Feb 5- Activist investors are putting the U.S. banking sector in their crosshairs, betting that headwinds whipping through the industry will accelerate consolidation among lenders. Hedge funds such as Ancora Advisors, Clover Partners and Seidman& Associates are buying up stakes in lenders across the U.S., from community banks to large regional lenders.

  • Feb 4- State Street Corp is nearing a deal to acquire General Electric Co's $115 billion asset management business, according to people familiar with the matter, as the U.S. industrial conglomerate continues to shed unloved assets. State Street, a Boston- based asset manager, has prevailed over other bidders, including Goldman Sachs Group Inc, for the business, and...

  • TORONTO, Feb 4- Amid fears of a bubble in condominium prices in Canada's largest cities, developers say they are shifting from building condos to high-rise rental apartments, as institutional investors look for assets with steady cash flow. The result is, not only more rental units on offer in cities like Vancouver and Toronto, but a slowdown in the supply of new...

  • EXCLUSIVE-HEDGE FUND FIRM STANDARD PACIFIC CAPITAL TO SHUT- LETTER.

  • *ING up on solid results, reassuring message on oil risk. MILAN, Feb 4- European shares fell on Thursday as weak U.S. data fed concerns that the world's biggest economy may be slowing down, with export-oriented auto stocks leading the decline and Credit Suisse tumbling after reporting a full-year loss. "The dollar is weakening because the market is starting to worry...

  • *ING up on solid results, reassuring message on oil risk. MILAN, Feb 4- European shares fell on Thursday as weak U.S. data fed concerns that the world's biggest economy may be slowing down, with export-oriented auto stocks leading the decline and Credit Suisse tumbling after reporting a full-year loss. "The dollar is weakening because the market is starting to worry...

  • Baltic index slips below 300 points to record new low Thursday, 4 Feb 2016 | 10:18 AM ET

    Feb 4- The Baltic Exchange's main sea freight index, which tracks rates for ships carrying industrial commodities, slipped below 300 points on Thursday, to an all-time low. And that creates very tough conditions for shipping, "said Frode Morkedal, Managing director at ship brokerage firm Clarksons Platou Securities. Average daily earnings for capesize vessels,...

  • *Books Q4 impairment charge of 3.8 bln Swiss francs. ZURICH, Feb 4- Credit Suisse reported its first full-year loss since 2008 after booking a big impairment charge at its investment banking business, sending its share price tumbling and piling pressure on new Chief Executive Tidjane Thiam. The shares fell more than 13 percent on Thursday to hit their lowest...

  • OM Asset Management meets 4Q profit forecasts Thursday, 4 Feb 2016 | 8:29 AM ET

    LONDON _ OM Asset Management PLC on Thursday reported fourth-quarter net income of $36.9 million. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 30 cents per share. The asset manager, a unit of London- based Old Mutual, posted revenue of $163.4 million in the period.

  • *Could help Beijing's case for A share inclusion in MSCI. SHANGHAI, Feb 4- China unveiled new rules on Thursday that would let foreign institutional investors buy more stocks and bonds, and make it easier for them to move money out of the country. The new policies toward the Qualified Foreign Institutional Investor scheme are aimed at "gradually promoting...

  • SHANGHAI, Feb 4- China's foreign exchange regulator on Thursday relaxed foreign currency management rules under the Qualified Foreign Institutional Investor scheme, in an effort to further open the domestic capital market. The upward investment limit for QFIIs would be raised, while the quota approval procedures would be simplified, the State...

  • European shares get energy boost, Credit Suisse slumps Thursday, 4 Feb 2016 | 3:17 AM ET

    LONDON, Feb 4- European equities bounced back in early trading on Thursday, with commodities-related shares surging after a sharp decline in the U.S. currency that made dollar-priced crude oil and metals cheaper for holders of other currencies. The dollar fell heavily after New York Fed President William Dudley said financial conditions were considerably...

  • ZURICH, Feb 4- Credit Suisse reported its first full-year loss since 2008 as it booked a big impairment charge for its investment banking business under new Chief Executive Tidjane Thiam. Switzerland's second-biggest bank posted a 2015 net loss of 2.94 billion Swiss francs, worse than the median estimate of a 2.12 billion loss in a Reuters poll.

  • Feb 3- Two thirds of hedge funds create genuine value through contrarian strategies, choosing well among cheap and beaten-down stocks, according to a new study of their holdings. The study, released in January, is ground-breaking, according to its authors, because it relies on 13 F filings, which are holdings disclosures that money managers above a certain size...

  • NEW YORK, Feb 3- DoubleLine Capital, overseen by widely followed investor Jeffrey Gundlach, said on Wednesday it posted a net inflow of $1.95 billion in January, marking the firm's 24th consecutive month of inflows. The DoubleLine Total Return Bond Fund, the firm's largest fund by total assets, had a net inflow of $1.67 billion in January. The DoubleLine Core Fixed...

  • Feb 3- Goldman Sachs Group Inc has named Jim Esposito as the new chief strategy officer for its securities division. He has also served as head of its Europe, Middle East and Africa financing group and as chief operating officer of investment banking. "Our industry is undergoing extraordinary change, driven by technology and regulation," the memo said, which was...