Diversified Financials Capital Markets

  • NEW YORK, Sept 19- The Bank of Japan may steal the thunder from the U.S. "The BOJ is important in part because the Japanese have been buying anything abroad that gives them yields," said David Keeble, global head of interest rates strategy at Credit Agricole Corporate& Investment Bank in New York. Last week, the yield on 10- year Japanese government debt rose close to...

  • LONDON, Sept 19- Hedge funds scaled back some of their short positions in crude oil futures and options after prices failed to fall further, suggesting the market was running out of negative momentum. Along with other money managers they cut their combined short position in the three main Brent and WTI contracts by 36 million barrels in the week to Sept. 13.

  • LONDON, Sept 19- Hedge funds have built their largest bullish position in U.S. natural gas for more than two years amid signs the gas glut is being eroded quickly and the market could tighten in 2017.. The net long position has almost quadrupled over the last four weeks, and is now at the highest level since June 2014, according to an analysis of data released on Friday...

  • LONDON, Sept 19- Britain's fund managers face calls to hold more emergency cash, potentially crimping their ability to pay dividends or expand. First to feel the pinch last week was Aberdeen Asset Management, which was asked to raise the minimum amount of cash it holds by 140 million pounds, after a review by the Financial Conduct Authority. "If you're asked to hold...

  • Sept 19- The following timeline charts the schedule for Quebec's pension fund, the Caisse de Depot et Placement du Quebec, to finance and oversee the construction of a new 67 kilometer public transit system in Montreal, the third largest automated transportation system in the world behind those in Dubai and Vancouver. JUNE 2015- Quebec's parliament authorizes...

  • Sept 19- The following timeline charts the schedule for Quebec's pension fund, the Caisse de Depot et Placement du Quebec, to finance and oversee the construction of a new 67 kilometer public transit system in Montreal, the third largest automated transportation system in the world behind those in Dubai and Vancouver. JUNE 2015- Quebec's parliament authorizes...

  • NEW YORK, Sept 15- The U.S. The Commerce Department said retail sales declined 0.3 percent amid weak purchases of automobiles and a range of other goods, after an upwardly-revised 0.1 percent gain in July. "The data was weaker than expected," said Gary Pollack, head of fixed-income trading at Deutsche Bank Private Wealth Management in New York.

  • TORONTO/ NEW YORK, Sept 15- Activist investor Engaged Capital reported a 7.5 percent stake in SunOpta Inc on Thursday and said it had signed a confidentiality agreement with the Canadian organic food company to provide strategic advice. U.S. hedge fund Tourbillon Capital pressured SunOpta to explore a sale earlier this year. In July, Reuters reported that...

  • *August retail sales drop more-than-expected. Sept 15- The S&P 500 and the Dow were little changed on Thursday morning following a lackluster set of data, while the Nasdaq got a boost from Apple. It's just right to keep the Fed on the sidelines and keep interest rates right where they are, "said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago.

  • NEW YORK, Sept 15- The U.S. The Commerce Department said retail sales declined 0.3 percent after an upwardly-revised 0.1 percent gain in July. "The data was weaker than expected, especially retail sales, which I think the market was focusing on," said Gary Pollack, head of fixed-income trading at Deutsche Bank Private Wealth Management in New York.

  • *August retail sales drop more-than-expected. Sept 15- U.S. stock index futures trimmed gains, but kept Wall Street on track to open higher on Thursday, as investors assessed a mixed bag of economic data. It's just right to keep the Fed on the sidelines and keep interest rates right where they are, "said Paul Nolte, portfolio manager at Kingsview Asset Management in...

  • LONDON/ NEW YORK, Sept 15- Hedge funds across the globe are cutting their management fees as they struggle to attract investors in the face of weak returns, industry data shows. U.S.-based Caxton Associates this week became the latest firm to tell investors it would reduce its fees, joining the likes of Och-Ziff Capital Management and Tudor Investment Corp which...

  • BOSTON, Sept 14- An activist investor said on Wednesday it is "inevitable" that Wells Fargo& Co will face critical shareholder resolutions after the bank agreed to a $190 million settlement with regulators over fake consumer accounts. Tim Smith, who leads shareholder engagement efforts at Walden Asset Management in Boston, said his firm is talking with...

  • FLORIANOPOLIS, Brazil, Sept 13- Petros Fundação Petrobras de Seguridade Social, Brazil's No. 2 pension fund, expects to approve a deficit-cutting plan before the end of the year and revamp corporate governance practices following years of failed investments, Chief Executive Officer Walter Mendes said on Tuesday. Petros, which has more than 159,000 members,...

  • NEW YORK, Sept 13- More financial executives are decamping to Florida for lower taxes, real estate investor Barry Sternlicht said on Tuesday, revealing that he is one of those who recently made the move. "There's a massive exodus from Connecticut," Sternlicht said, naming himself and billionaire hedge fund manager Paul Tudor Jones as the most high-profile recent...

  • TORONTO, Sept 13- Canadian lender Toronto-Dominion Bank's capital markets division said on Tuesday it plans to acquire Albert Fried& Co, a New York- based broker-dealer, to expand its presence in the U.S. prime brokerage sector. TD Securities has been boosting its reach in the United States in recent years by adding people and increasing coverage of sectors.

  • TOKYO, Sept 14- The long-term decline in global bond yields is over and investors are watching out for a likely fiscal expansion in the world's major economies where monetary stimulus has reached its limits, Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Tuesday. Over the past week, long-term interest rates in Japan, Europe, and the...

  • NEW YORK, Sept 13- U.S. "It's bad behavior they were correct to take action against," Lew said at the CNBC Institutional Investor Delivering Alpha Conference in New York. Last week, the U.S. Consumer Financial Protection Bureau and two other regulators fined Wells Fargo $185 million for creating more than two million fake accounts for products such as credit and...

  • MOSCOW, Sept 13- U.S. bank Citi is seeing business pick up in Russia as the country's economic crisis abates and is staying as engaged as it can given Western sanctions, its Russia head said. Marc Luet, who is also Citi's head for Ukraine and Kazakhstan, said his bank has become busier with Russian mergers and acquisitions and that there is growing interest in...

  • LONDON, Sept 12- Hedge funds tempered their bullishness towards the entire petroleum complex during the first week of September, according to positioning data from regulators and exchanges. Hedge funds and other money managers cut their combined net long position in the three major Brent and WTI futures and options contracts by 80 million barrels in the week...