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  • BEIJING, May 31- The outstanding amount of China's dollar-denominated Qualified Foreign Institutional Investor programme rose to $81.098 billion as of May 30, from $80.996 billion at the end of April, the country's foreign exchange regulator said on Tuesday.

  • *Only 7 percent expect to raise Egypt allocation. DUBAI, May 31- Middle East fund managers have grown more cautious about building positions in both equities and fixed income, partly because of the risk of a U.S. interest rate hike as soon as June, a monthly Reuters poll showed. Fed interest increase decision in June or July, "said Mohammed Ali Yasin, managing director...

  • SINGAPORE, May 31- Having dumped Asian shares on resurgent worries about China's economy, the specter of more aggressive U.S. interest rate rises is now forcing global investors to sell the region's bonds and currencies. Indonesia's and South Korea's bond markets, heavy recipients of foreign investment until March, are now seeing chunks of inflows reverse...

  • TORONTO, May 27- Canada's main stock index climbed on Friday, helped by strength in the financial services sector and energy companies, with investors focusing on monetary policy commentary from U.S. central bank chief Janet Yellen. Toronto-Dominion Bank rose 0.4 percent to C $57.67, and Brookfield Asset Management Inc advanced 2.6 percent to C $46.54, while...

  • The SEC announced the civil settlement with Federated Global Investment Management Corp on Friday. Meghan McAndrew, a Federated spokeswoman, said the company addressed the issues raised by the SEC prior to the regulator's inquiry. The SEC said the consultant at times also traded stocks that Federated owned in his own brokerage accounts, "sometimes in close...

  • NEW YORK, May 27- The U.S. dollar index hit two-month highs on Friday after Federal Reserve Chair Janet Yellen left the door open to an interest rate increase in the coming months. "She didn't say no, the market took that as a positive sign for the dollar," said Boris Schlossberg, managing director at BK Asset Management in New York. The dollar also gained against the yen,...

  • It said around 75 percent of the issue was bought by foreign investors from the United Kingdom, France, Switzerland, Asia and the United States, with a quarter taken by Russian banks, asset management firms and brokerage companies. On Wednesday, Finance Minister Anton Siluanov had said foreign investors bought $1.2 billion of the $1.75 billion.

  • LONDON, May 27- The world's biggest hedge funds lost market share to smaller rivals over the last year as a result of underperformance, data tracker Preqin said on Friday. Total assets held by hedge funds with more than $1 billion dropped to 88 percent in the year to end-March 2016 from 92 percent in the year-earlier period, it said in an annual report.

  • *Sees value in investment grade corporate bonds in US, Europe. TOKYO, May 27- Even though the Federal Reserve is expected to raise interest rates, long-term U.S. bond yields are unlikely to rise due to China's slowdown and negative rates in Japan and Europe, the top fund manager of Invesco Ltd's $240 bln global bond funds said. Gregory McGreevey, Atlanta- based CEO of...

  • *TD says wildfire impact' less than 5 cents/ share'. TORONTO, May 26- Canada's biggest banks warned on Thursday of further losses from oil loans in coming quarters as energy companies struggled to repay loans, even as growth in wealth management and retail banking helped the banks report better-than-expected second-quarter earnings. TD's chief financial...

  • May 26- Wall Street treaded water on Thursday as investors looked for fresh reasons to buy stocks following two straight days of gains. "People are taking their foot off the gas after making a bunch of money, and now they're waiting for the next data point," said Phil Blancato, chief executive of Ladenburg Thalmann Asset Management in New York. In line with other...

  • TORONTO, May 26- Canada's biggest banks on Thursday warned of further losses in coming quarters as energy companies struggled to repay loans, even as growth in wealth management and retail banking helped the banks report better-than-expected second-quarter results. TD Bank's Chief Financial Officer Riaz Ahmed said that despite a recent recovery in oil...

  • ZURICH, May 26- Credit Suisse has sold bonds worth 220 million Swiss francs to help insure against certain operational risks such as rogue trading and cybercrime, a source familiar with the matter said on Thursday. The bonds were marketed to asset managers, pension funds, reinsurers and hedge funds this month and priced last week, the source said, speaking on...

  • NEW YORK, May 25- A Connecticut commission has scheduled a vote on Friday on a proposed $22 million grant to Bridgewater Associates, one of the world's largest hedge funds, to help it expand its operations in the state. The plan has support from some Connecticut officials but has also drawn fire after the state slashed spending, laid off workers and froze pay.

  • May 25- Vanguard Group, the No. 1 U.S. mutual fund company, appointed Michael Rollings as chief financial officer and head of its finance division. The Valley Forge, Pennsylvania- based company said Rollings, most recently CFO of life insurance company MassMutual Financial Group, will join Vanguard next month. Vanguard, which managed more than $3.5 trillion in...

  • NEW YORK, May 25- Pimco Group Chief Investment Officer Dan Ivascyn said on Wednesday he sees a better than 50/ 50 chance of a Federal Reserve rate increase in June. Ivascyn, who helps oversee $1.5 trillion, said Pimco, a unit of Allianz SE, has placed bets that the Fed will move sooner rather than later. Last week, New York Fed President William Dudley said the U.S. economy...

  • The Valley Forge, Pennsylvania- based company said Rollings, who most recently was the CFO Of Massmutual Financial Group, will join Vanguard next month.

  • *Singapore shuts unit of BSI over money laundering breaches. HONG KONG/ SINGAPORE, May 25- Singapore's drastic move to shut Swiss bank BSI's operations in the city-state over its dealings with scandal-hit Malaysian fund 1 MDB is a wake-up call for wealth managers in Asia, which had been spared the large fines and sanctions seen in the West. The private bank is the...

  • LONDON, May 25- Keeping the status quo may well be what the British government wants after its June 23 referendum on European Union membership, but a sigh of relief in the financial world could bring its own short-term economic policy headaches. With a month to go to the referendum, the economic and financial risks of' Brexit' dominate headlines from the Treasury,...

  • NEW YORK, May 24- Wells Fargo& Co plans to announce an investment and strategic partnership tied to roboadviser-type offerings by the end of the second quarter, its wealth management chief said on Tuesday. Roboadvisers manage client money using algorithms rather than traditional human brokers, and have been popular with investors who want to pay lower fees or...