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  • BOSTON, Feb 29- Hedge fund Luxor Capital Group, which suffered double-digit losses last year, has been placed on a so-called watch list by influential industry consultant Cliffwater, according to a memo seen by Reuters. Cliffwater, which advises on roughly $55 billion in alternative assets invested in hedge funds, private equity and real estate funds, told the...

  • NEW YORK, Feb 29- A federal jury on Monday found two former New York stockbrokers liable for trading on confidential tips about an IBM Corp acquisition, despite a major appeals court ruling that made insider trading cases harder to pursue. In a victory for the U.S. Securities and Exchange Commission, a federal jury in Manhattan found former Euro Pacific Capital...

  • NEW YORK, Feb 29- MBIA Inc, a bond insurer heavily exposed to fiscally troubled Puerto Rico, will report fourth-quarter earnings after the bell on Monday when investors will look for commentary on potential losses from exposure to the island's debt. Many investors have shunned the company's shares due to uncertainty over exactly how much of its $4 billion...

  • LONDON, Feb 29- Britain's financial regulator told asset managers on Monday they must review how they would cope with investors pulling out money en masse. The Bank of England and international authorities are examining whether promises by funds to give investors their money back at any time could end up damaging confidence in markets. The BoE's Financial...

  • LONDON, Feb 29- Hedge funds are turning more positive about the outlook for crude oil prices, according to the latest positioning data from regulators and exchanges. Hedge funds and other money managers held a combined net long position in the three main crude oil futures and options contracts amounting to 383 million barrels on Feb. 23. The net long position in...

  • CAIRO, Feb 28- Egypt's largest listed company, Commercial International Bank, said on Sunday it had signed a deal to sell its investment banking arm CI Capital to an Orascom Telecom unit for 924 million Egyptian pounds. Orascom Telecom, which has holdings in media, technology and cable businesses as well as energy, transport and logistics, is expanding into...

  • NEW YORK, Feb 26- The U.S. Securities and Exchange Commission urged jurors on Friday to hold two former New York stockbrokers liable for insider trading, in a test of its ability to pursue such cases after an appellate court's ruling reshaped the law. At the close of a trial in Manhattan federal court, an SEC lawyer urged jurors to hold ex- Euro Pacific Capital Inc...

  • BOSTON, Feb 26- Activist hedge fund manager Jeffrey Smith, who has publicly criticized Yahoo Inc Chief Executive Officer Marissa Mayer, said on Friday he sees "a lot of opportunity" in the company. Smith's Starboard Value has threatened to run a proxy contest raising pressure on the company's board to remove Mayer. But in his remarks on Friday at the MIT Sloan...

  • Feb 26- U.S. energy firms this week cut oil rigs for an 10th week in a row to the lowest levels since December 2009, data showed on Friday, as some producers focus more on completing their drilled but uncompleted wells instead of drilling new ones. U.S. crude futures were trading over $33 a barrel, putting them on track for their largest weekly gain in seven years, after...

  • BOSTON, Feb 26- The Collins Alternative Solutions Fund, a mutual fund that offered hedge fund strategies to retail investors, has been shut down after suffering a double-digit decline in 2015 and falling more this year. "The board concluded that it would be in the best interests of the fund and its shareholders that the fund be closed and liquidated," Collins...

  • BOSTON, Feb 26- The Collins Alternative Solutions Fund, a mutual fund that offered hedge fund strategies to retail investors, was shut down after suffering double-digit losses in 2015 and falling more this year. "The board concluded that it would be in the best interests of the fund and its shareholders that the fund be closed and liquidated," Collins Capital said...

  • COLLINS CAPITAL SHUTTERS ITS COLLINS ALTERNATIVE SOLUTIONS FUND HEDGE FUND FOR RETAIL INVESTORS- U.S.

  • BOE'S CARNEY- FSB TO MAKE POLICY RECOMMENDATIONS ON STRUCTURAL VULNERABILITIES IN ASSET MANAGEMENT ACTIVITIES.

  • WASHINGTON, Feb 25- Herbalife Ltd is in talks with government regulators regarding a probe of the company's business practices and said that the outcome of the talks was uncertain, the company said in a filing on Thursday. The Federal Trade Commission opened a probe of Herbalife following allegations by hedge fund manager William Ackman that it had a...

  • Feb 25- Morgan Stanley is restructuring the investment management business by moving executives into new roles, the bank said in a memo on Thursday, as head Dan Simkowitz looks to improve the unit's structure. Michael Levy, who has held a number of senior roles across investment management, becomes the group's chief operating officer, according to a memo, the...

  • Feb 25- Detroit Mayor Mike Duggan proposed a $2.6 billion fiscal 2017 budget on Thursday that he said could be the city's ticket to removing state oversight of its finances. A financial review commission was created under Michigan law to oversee a post-bankruptcy Detroit until it reaches certain benchmarks. Detroit Chief Financial Officer John Hill said the...

  • Feb 25- Wall Street gained on Thursday as strong U.S. manufacturing data pointed to a recovery in the struggling sector and some investors saw opportunities after weeks of volatility. Some investors took Wall Street's recent gains as a sign that prices are stabilizing. "I have a lot of people calling me and saying' Hey, I've got $50,000 in the bank earning zero...

  • Feb 25- U.S. real estate investment trust Rouse Properties Inc said Canadian asset manager Brookfield Asset Management Inc agreed to buy the company in a sweetened deal valued at about $2.8 billion, including debt. Brookfield Asset's latest cash offer of $18.25 per share represents a premium of 2.82 percent to Rouse's Wednesday close and values the real...

  • Feb 25- Real estate investment trust Rouse Properties Inc said asset manager Brookfield Asset Management Inc agreed to buy the company in a deal valued at about $2.8 billion, including debt.

  • BEIJING, Feb 25- China has granted six large banks quotas to issue asset-backed securities with non-performing loans as underlying assets, adding a fresh way for lenders to manage troubled loans, two sources with direct knowledge of the issue told Reuters. Bad loans at China's commercial banks swelled to a decade-high 1.27 trillion yuan in 2015 as growth in the...