NEW YORK, March 11- The Pimco Total Return Fund, the world's largest bond fund, slashed its holdings of mortgages in February to the lowest level since at least late 2011 on bets that the Federal Reserve will conclude bond purchases this year, data from the firm's website showed on Tuesday.» Read More
BOSTON, Oct 7- Hedge fund manager John Paulson, known for huge gains followed by heavy losses in some of his funds, extended his portfolios' winning streak in September, leaving all of them with double-digit gains for the year, a person familiar with the numbers said on Monday.
BOSTON/ NEW YORK, Oct 7- Hedge fund manager Philip Falcone, banned from the securities industry for five years by U.S. regulators, is also being banned for seven years from decision-making roles at Fidelity& Guaranty Life Insurance, a unit of his firm, New York officials said on Monday.
BOSTON, Oct 7- Hedge fund manager Philip Falcone, banned from the securities industry for five years by U.S. regulators, is also being banned for seven years from decision-making roles at Fidelity& Guaranty Life Insurance, a unit of his firm, New York officials said on Monday.
BOSTON, Oct 7- Hedge fund manager John Paulson, who made billions on the housing market and gold a few years ago, extended this year's gains in September, when his biggest portfolios were all up, leaving them with double-digit gains for the year, a person familiar with the numbers said on Monday.
ATHENS, Oct 7- Funds run by billionaire investor John Paulson see Greece's recapitalised banking sector as an attractive investment play on the country's recovery after a deep six-year slump.
*Australian self-managed pension funds account for $470 bln. SYDNEY, Oct 7- Risky, high-yielding debt is being sold to Australian retail investors who manage their own pension savings, a move that underlines growing risks associated with the country's $1.5 trillion private pensions system, the world's fourth largest.
MEXICO CITY, Oct 4- After years in Brazil's shadow, Mexico's stock market is enjoying a listings boom, fueled by hopes of economic reforms and strong demand from pension funds breathing life into a long-stagnant market.
Oct 3- Columbia University said on Thursday that its endowment posted an 11.5 percent investment return during the 2013 fiscal year, making it the latest Ivy League school to report double-digit gains as stock markets rallied.
NEW YORK, Oct 3- Short-term U.S. Lack of progress in ending the partial government shutdown fed worries that lawmakers would also not agree on a deal to increase the statutory $16.7 trillion borrowing limit by the Oct. 17 deadline.
BOSTON, Oct 3- Hedge fund manager William Ackman said he has restructured some of his $1 billion short bet against nutrition and supplements company Herbalife to guard against further losses but he said he still believes the company eventually will be shut down.
NEW YORK, Oct 3- U.S. Given the gridlock over the budget and healthcare reform that led to a partial government shutdown that began on Tuesday, investors are increasingly worried the lawmakers will not agree on a deal to increase the statutory $16.7 trillion borrowing limit by the Oct. 17 deadline.
*Goldman Sachs takes 19 pct stake. COPENHAGEN, Oct 2- Two funds managed by Goldman Sachs and two Danish pension funds will between them buy 26 percent in Danish state-owned oil and gas group DONG Energy for 11 billion Danish crowns and plan an IPO for the firm, the companies said.
BOSTON, Oct 3- Hedge fund manager William Ackman has restructured his $1 billion short bet against Herbalife Ltd in order to cut the risk of further mark-to-market losses, he told investors in a quarterly letter.
BOSTON, Oct 2- Highfields Capital, which oversees $13 billion in assets for universities, hospitals and wealthy investors, plans to return as much as $2 billion to clients because it believes it can deliver better returns with less money.
NEW YORK, Oct 2- U.S. private employers added a fewer-than-expected 166,000 jobs in September, according to Wednesday data from a payrolls processor, underscoring steady but still sluggish growth in the labor market. "It basically says that the stimulus will continue," said Chris Gaffney, senior market strategist, EverBank Wealth Management in St. Louis, Missouri.
NEW YORK, Oct 2- Shares of Empire State Realty Trust Inc, the company that owns the Empire State Building, rose in their first day of trading on Wednesday. The other properties, which include office buildings and retail properties, are located in New York and Connecticut. Shares of SL Green Realty Corp, a well-established New York office REIT, were down 1.4 percent.
LONDON, Oct 2- Despite a constitutional aversion to uncertainty, financial markets have breezed through political storms in two of the world's biggest economies, thanks to cool calculations that the crises will not trigger major shifts in investment.
Oct 1- Walgreen Co reported a much higher quarterly profit on Tuesday as it filled more prescriptions and enticed shoppers with offers and updated stores, and it said sales trends kept improving in September. Shares of Walgreen, the largest U.S. drugstore operator, were up 4.4 percent at $56.17 on the New York Stock Exchange after rising as high as $56.69.
HELSINKI, Oct 1- Finnish pension fund Ilmarinen plans to cut the proportion of its equities portfolio it invests in domestic companies over the next 10 years so it can shift more into emerging markets, its chief investment officer said.
COPENHAGEN, Oct 1- BlackRock Inc, the world's largest money manager, predicts that Nordic countries will lead the way as investment in exchange-traded funds achieves unstoppable growth over the next few years.