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  • BEIJING, Feb 1- China's foreign exchange regulator said it has not asked institutions to defer the launch of new products under the Qualified Domestic Institutional Investor program, according to a post on its official microblog on Monday. The statement follows a report by financial magazine Caixin on Saturday that quoted unidentified sources from fund...

  • BEIJING, Feb 1- China's foreign exchange regulator said it has not asked institutions to defer the launch of new products under the Qualified Domestic Institutional Investor program, according to a post on its official microblog on Monday.

  • TOKYO, Feb 1- Japanese asset management firms have stopped accepting new money for their money market funds and other short-term debt funds after the central bank's adoption of negative interest rates made it difficult for funds to achieve positive returns. Major Japanese asset managers, including Mitsubishi UFJ Kokusai Asset Management, Mitsui Sumitomo...

  • ZURICH, Feb 1- Swiss private bank Julius Baer is again looking for acquisitions now that a final settlement of U.S. allegations that it helped rich Americans dodge tax is within reach. Excluding the tax case, Julius Baer reported on Monday that underlying net profit rose by a fifth to 701 million Swiss francs, lagging the 729 million average in a Reuters poll.

  • Feb 1- RCS Capital Corp, a brokerage firm tied to real-estate investor Nicholas Schorsch, filed for Chapter 11 bankruptcy protection to reduce debt and as per the plan its key lenders will assume control of the company. The company listed total assets of $1.98 billion and debts of $1.39 billion, on a consolidated basis, in its bankruptcy filing.

  • Jan 31- Two government probes into the conduct of longtime antagonists Pershing Square Holdings and Herbalife have failed to find sufficient evidence of criminal wrongdoing by either party, the Wall Street Journal said, citing people familiar with the matter. Pershing Square's chief executive, William Ackman, has bet $1 billion of his firm's $15 billion in...

  • BEIJING, Jan 31- Mid-tier Chinese banks are increasingly using complex instruments to make new loans and restructure existing loans that are then shown as low-risk investments on their balance sheets, masking the scale and risks of their lending to China's slowing economy. The size of this' shadow loan' book rose by a third in the first half of 2015 to an estimated...

  • BOSTON, Jan 30- Fidelity Investments, one of the largest investors in pre-IPO companies, boosted the value of office space provider WeWork Companies Inc by 53 percent in December, the mutual fund company disclosed on Saturday. Boston- based Fidelity placed a new valuation on a Series E stake in WeWork that it acquired in June. WeWork's valuation in Fidelity's...

  • So-called global macro funds, like the ones run by industry icons Paul Tudor Jones, Alan Howard and Ray Dalio, are expected to rank among this year's best performers, according to J.P. Morgan's Institutional Investor Survey 2016, gathering input from 322 investors controlling $910 billion in assets. The new appetite has been on display at former Brevan Howard...

  • Money managers, including hedge funds and other big speculators, raised their combined futures and options position in New York and London by 15,717 contracts to 68,053 in the week to Jan. 26, the U.S. Commodity Futures Trading Commission said. "It looked as if up to last Tuesday, you had a big influx of money-manager longs- that would explain why up until Tuesday last...

  • NEW YORK, Jan 29- Samantha Greenberg, a partner at $16.2 billion Paulson& Co., is leaving to launch her own hedge fund firm, according to people familiar with the situation. Greenberg and a spokesman for Paulson, led by billionaire John Paulson, declined to comment. She was named to the Hedge Fund Journal and Ernst& Young's 50 Leading Women in Hedge Funds for 2013.

  • Jan 29- Vanguard Group Inc, the world's biggest mutual fund company, has applied to create a new share class for some funds that would charge investors as little as 0.01 percent, or $1 for every $10,000 invested, annually. The company plans to apply the fee for at least two funds, the Vanguard Total Stock Market Index Fund and the Vanguard 500 Index Fund, according to a...

  • ZURICH, Jan 29- Credit Suisse looks set to post its first full-year loss since 2008 next week, with a write-down at its investment bank adding to pressure on Chief Executive Tidjane Thiam to show his turn-around plan is achievable. UBS led the way in 2012 with a similar strategy overhaul to Credit Suisse and is now the world's biggest private bank and market leader...

  • NEW YORK, Jan 29- The activist investor targeting NorthStar Asset Management Group has nominated six directors to the company's board, according to a letter reviewed by Reuters, in a move that could prompt a proxy fight if the two sides fail to reach an agreement. Land and Buildings, the real estate-focused activist hedge fund run by former Citigroup analyst...

  • SHANGHAI, Jan 29- Chinese companies may be forced to sell at least $12 billion in shares in coming weeks to meet margin calls, dealing a further blow to stock markets which have already seen some $2 trillion in value wiped out so far this year. "Over half of all listed companies in China have their shares pledged, so if the market falls further, this issue could become a...

  • BEIJING, Jan 29- The outstanding amount of China's dollar-denominated Qualified Foreign Institutional Investor program fell to $80.80 billion as of Jan. 29, the country's foreign exchange regulator said in a statement on Friday. China reported its end-December QFII quota, which stood at $81.1 billion as of Dec.25. The QFII scheme was created to allow...

  • SAO PAULO, Jan 28- Grupo BTG Pactual SA cut about 18 percent of Brazil- based staff on Thursday as the embattled investment-banking firm moved to reduce costs by 25 percent in the wake of the arrest of billionaire founder André Esteves. The bank had 1,653 staff in Brazil. On Wednesday, Reuters reported that up to 25 percent of Brazil employees could be fired to bring...

  • EXCLUSIVE-BROOKFIELD ASSET MANAGEMENT MULLS BUYING GENERAL GROWTH PROPERTIES INC, TAKING PRIVATE- SOURCES.

  • *Q4 economic net income slumps 70 percent y/y to $0.37/ shr. NEW YORK, Jan 28- Blackstone Group LP, the world's largest alternative asset manager, said on Thursday it is seizing on the market turmoil to make new investments, as it posted disappointing fourth-quarter earnings due partly to falling oil prices. "We think it's a very interesting time to put money out now,"...

  • NEW YORK, Jan 28- Blackstone Group LP, the world's largest alternative asset manager, reported weaker-than-expected fourth-quarter earnings on Thursday as falling oil prices and a choppy credit market dragged on its investments. Economic net income, which accounts for unrealized gains or losses in investments, dropped 70 percent to $435.7 million, or 37...