LONDON, Oct 12- Big pension, insurance and sovereign funds may be scaling back investments in emerging markets amid disappointing returns and a darkening outlook for the sector. These deep-pocketed funds-- global pension assets alone are worth over $35 trillion-- are relatively recent entrants to emerging markets, driven by the collapse in Western bond yields...» Read More
May 12- Patriot Coal Corp filed for bankruptcy protection on Tuesday, just 18 months after emerging from its previous Chapter 11, and said it was in negotiations with a potential buyer. The company listed assets and liabilities of more than $1 billion in its bankruptcy petition, which it filed in the U.S. Bankruptcy Court in the Eastern District of Virginia.
NEW YORK, May 5- Jeffrey Gundlach, chief executive of investment firm DoubleLine Capital, said on Tuesday he believes the U.S. DoubleLine is based in Los Angeles, and had $73 billion in assets under management as of March 31. It has attracted net inflows of money for 15 straight months, becoming one of the prime beneficiaries of outflows afflicting Allianz SE's...
May 4- The Pimco Total Return Fund, launched by Bill Gross, has lost its title as the world's biggest bond mutual fund, following two years of withdrawals. On Monday, Pimco said investors yanked another $5.6 billion from the Pimco Total Return Fund last month, bringing its assets to $110.4 billion at end of April. Outflows from the flagship Pimco Total Return Fund,...
WASHINGTON, May 4- The U.S. Supreme Court on Monday allowed Barclays Plc to claim about $4 billion of disputed assets as part of its hurried purchase of much of Lehman Brothers Holdings Inc's brokerage unit at the height of the 2008 financial crisis. The U.S. top court declined to hear an appeal filed by Lehman's creditors, leaving intact an August 2014 ruling by the...
*Some movement in Greece debt talks trims safety bids. NEW YORK, April 30- U.S. The month ended with a diminished appetite for safe-haven assets on Thursday, after Greece made its biggest concessions yet in an effort to clinch a deal with its creditors to avert bankruptcy reduced safe-haven bids for Treasuries and Bunds.
SHANGHAI, April 22- Issuance of Chinese asset-backed securities could triple to more than $160 billion this year, reactivating huge assets now mouldering on bank books, as Beijing streamlines procedures for firms to securitise receivables. China's tiny securitisation market has not tracked the expansion of China's $10- plus trillion economy, and banks...
CALGARY, Alberta, April 20- Intermediate producer Legacy Oil+ Gas Inc formed a special committee on Monday to deal with hedge fund FrontFour Capital's move to gain seats on its board, the first major case of shareholder activism in Canada's oil patch since last year's sharp drop in crude prices. Calgary- based Legacy, which has assets in southern Alberta and light...
CALGARY, Alberta, April 20- Intermediate producer Legacy Oil+ Gas formed a special committee on Monday to deal with hedge fund FrontFour Capital's move to gain seats on its board, the first major case of shareholder activism in Canada's oil patch since last year's sharp drop in crude prices. Calgary- based Legacy, which has assets in the foothills of southern...
Charles Diebel, head of macro strategy at Aviva Investors, explains why he doesn't think we're in a bond price bubble yet, despite some bond prices looking "richer" than others.
Irish building supplies group CRH said it had agreed to pay $7.35 billion for assets Lafarge and Holcim had to sell ahead of their planned merger.
At Davos, Hendrik du Toit, CEO of Investec Asset Management Ltd discusses Saudi Arabia and his own predictions when it comes to oil prices.
At Davos, Martin Gilbert, CEO of Aberdeen Asset Management, talks about the European Central Bank's deflation focus and the possibility of quantitative easing.
A bankruptcy court has allowed defunct video streaming company Aereo Inc to auction its TV streaming technology assets, court papers show.
As plummeting oil prices hit markets, Carter Worth, chief market technician at Sterne Agee, discusses whether it's just oil that's spooking investors.
Two studies offer different conclusions about whether big companies offer too little disclosure about their operations, or perhaps too much.
Shareholders associated with the Blackstone Group are set to launch a massive secondary offering of Hilton Worldwide stock, the company said.
Share repurchases have soared since the Great Recession ended, totaling more than $950 billion just in the past two years alone.
Kumar Palghat, Managing Director of Kapstream Capital tells CNBC why corporate debts are a good bet right now.
Microsoft is an unwieldy business and should be broken up, CNBC's Jim Cramer said Friday, and it needs a savior to drive a corporate "miracle" to get the company back on track.
The FDIC on Tuesday will propose a leverage rule requiring big banks to have common equity equal to at least 5 percent of their assets, sources tell CNBC.