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  • 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.

  • 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...

  • WASHINGTON, Feb 10- Dozens of large U.S. hedge funds are more highly leveraged than the Third Avenue junk-bond mutual fund that collapsed last year, the federal office monitoring the financial system said on Wednesday. The Office of Financial Research analyzed quarterly reports that advisers for hedge funds with at least $500 million in assets under...

  • Feb 10- Insurer Sun Life Financial Inc reported higher fourth-quarter earnings, driven by strength 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. Analysts on average had expected earnings of 87...

  • Feb 10- Morgan Stanley's Raj Dhanda, head of investment products and services in the wealth management business, is leaving the Wall Street bank after 26 years. Dhanda, who took over the role in March 2015, plans to pursue other opportunities, according to an internal memo to employees. Dhanda, who previously served as co-head of global capital markets, took over...

  • *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-...

  • NEW YORK, Feb 10- Gold option volatility surged to the highest in more than a year as investors have placed new bullish bets that prices will extend their recent rally to multi-month highs amid greater appetite for safe-haven assets and global economic concerns. With prices briefly tapping the key psychological level of $1,200 per ounce on Monday, the buying...

  • ZURICH, Feb 10- Credit Suisse Chief Executive Tidjane Thiam said that the turmoil in global markets this year is helping him to speed implementation of his new strategy for the Swiss bank. "I'm using the current challenging environment to accelerate the transformation that I'm driving," Thiam told a conference in Miami, which was streamed via Credit Suisse's...

  • 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...