Diversified Financials Capital Markets

  • TORONTO, June 8- Canada will try to supplement planned government investment in infrastructure with funding from private investors and wants to make the projects attractive to pension funds, Prime Minister Justin Trudeau said on Wednesday. There is a lot of opportunity for global capital, "Trudeau said at The Economist's Canada Summit conference in Toronto.

  • TORONTO, June 8- Canada will try to supplement planned government investment in infrastructure with funding from private investors, and wants to make the projects attractive to pension funds, Prime Minister Justin Trudeau said at a conference in Toronto on Wednesday. Trudeau's Liberals won an election in October on the back of a promise to run three...

  • CANADA PM SAYS WILL TRY TO MAKE ATTRACTIVE PITCH FOR PENSION FUNDS TO INVEST IN INFRASTRUCTURE.

  • TORONTO, June 8- The Canada Pension Plan Investment Board said on Wednesday it will invest $450 million in LongPoint Minerals, a company that invests in oil and gas mineral and royalty interests in the United States. CPPIB, which is Canada's biggest public pension fund, said the investment will be deployed over two to three years and will give it a majority stake in...

  • NEW YORK/ BOSTON, June 7- U.S. asset managers and hedge funds are wary about pouring more money into China until the government addresses its stock market crash last year and wild swings in the yuan, they said on Tuesday, as China unveiled measures to attract U.S. buyers of its assets. China will give the United States a 250 billion yuan investment quota for the first...

  • By Anjuli Davies, David French and Sophie Sassard. LONDON/ DUBAI, June 8- Investment banks are jostling to take part in the listing of a chunk of Saudi Arabia's state-owned oil giant Aramco as a portal to the lucrative deals they expect to flow from the kingdom's plan to revamp its economy. "For banks, being on this deal is a game-changer for the league tables," said one...

  • TOKYO, June 8- Japan's Nikkei share average eased on Wednesday as the strong yen soured investors' mood, while energy shares continued to benefit from higher oil prices. "The dollar-yen levels determine the Japanese market so people are staying cautious," said Toru Ibayashi, head of CIO Wealth Management at UBS Securities, adding that investors will likely stay on...

  • June 7- Yahoo Inc has hired boutique investment bank Black Stone IP LLC to sell about 3,000 of the internet company's patents, the Wall Street Journal reported, citing people familiar with the matter. The deadline for bids for the patents has been set for mid-June by Yahoo, according to the Wall Street Journal. In March, Yahoo said it would explore the sale of $1...

  • NEW YORK/ BOSTON, June 7- U.S. asset managers and hedge funds are wary about pouring more money into China until the government addresses its stock market crash last year and wild swings in the yuan, they said on Tuesday, as China unveiled measures to attract U.S. buyers of its assets. China will give the United States a 250 billion yuan investment quota for the first...

  • MOVES-BMO GLOBAL ASSET MANAGEMENT NAMES RICHARD WILSON CEO@. June 7- BMO Global Asset Management, a unit of Bank of Montreal, named Richard Wilson as chief executive officer and chief investment officer. Rajiv Silgardo, currently co-CEO of BMO Global Asset Management is retiring from the bank, effective August 1.

  • OIL BULL ANDY HALL'S ASTENBECK HEDGE FUND UP 5 PCT IN MAY, FOR THIRD STRAIGHT MONTH OF GAINS- INVESTOR LETTER.

  • ASTENBECK ASSETS UNDER MANAGEMENT AT $2.4 BLN AT END-MAY, UNCHANGED FROM END-APRIL- INVESTOR LETTER.

  • BEIJING, June 7- China will grant the United States a 250 billion yuan quota under its Renminbi Qualified Foreign Institutional Investor programme, a central bank vice governor said on Tuesday. Launched in 2011, the RQFII programme allows financial institutions to use offshore yuan to buy securities in mainland China, including stocks, bonds and money market...

  • BEIJING, June 7- China will grant the United States a 250 billion yuan quota under its Renminbi Qualififed Foreign Institutional Investor programme, a central bank vice governor said on Tuesday. Yi Gang made the announcement at the Strategic and Economic Dialogue talks in Beijing, without providing further details of the timeframe. Launched in 2011, the RQFII...

  • *Around 350 spot commodity trading platforms in China. SHANGHAI/ BEIJING, June 7- Chasing the promise of outsized returns, 48- year-old businessman He Xiaolun started trading oil last August on a platform developed by the Shaanxi Non-ferrous Metal Exchange. Over the next five months, he lost nearly 3 million yuan.

  • June 6- Alternative mutual funds provider Context Asset Management appointed Matt Rowe to the newly created position of chief strategy officer.

  • SAO PAULO, June 6- Brazilian interim President Michel Temer said on Monday he plans to nominate technocrats to the top positions in state-controlled firms and pension funds, once the lower house approves a draft proposal requiring high-ranking public employees to have high technical qualifications. For decades, government named political appointees to...

  • BOSTON, June 6- Affiliated Managers Group Inc, a holding company for money management firms, said on Monday it will buy stakes in five hedge funds from Goldman Sachs Group Inc for $800 million, sparking a 3.5 percent jump in Affiliated Managers stock. AMG, which has been buying pieces of hedge funds for more than a dozen years, said the deal will boost its assets under...

  • NEW YORK, June 6- Morgan Stanley has asked securities regulators for the right to launch its first U.S.-listed exchange-traded funds, marking the latest example of a massive Wall Street investment manager courting investors' growing use of those funds. The company's asset management unit asked the U.S. Securities and Exchange Commission for permission to...

  • BOSTON, June 6- Massachusetts' top securities regulator is seeking information from 241 brokerage firms to keep "rogue" brokers out of his state, he said on Monday. Commonwealth Secretary William Galvin said he sent letters to firms in which more than 15 percent of their current representatives have at least one current disclosure incident on their records.