The 21 brokerages transferred a total of over 128 billion yuan into the accounts of state-owned China Securities Finance Corp, which provides margin financing services, the newspaper said, citing Wang Min, vice head of China's securities association. On Monday, the China 50 ETF, the country's biggest ETF that buys into the biggest 50 listed companies in...» Read More
Billionaire investor Steven A. Cohen's SAC Capital Advisors returned 20.10 percent this year, even as it pleaded guilty to insider trading charges.
Jason O'Connell, research director at Boston Private Bank, says the asset management business model is "tremendous" due to "terrific cash flow" and "very little balance sheet risk".
Steve Tananbaum, Goldentree, joins CNBC's David Faber to discuss the government shutdown. He believes both parties will figure it out and avoid deficit.
Peter Lenardos, director of pan-European financials at RBC, discusses asset managers following RBC's downgrade of Man Group and says that the industry as a whole continues to underperform.
Peter De Proft, director general at the European Fund and Asset Management Organisation (EFAMA), tells CNBC there are a lot of opportunities in the asset management industry.
Japan's public pension fund - a pool of over $1 trillion - is considering a change to its portfolio strategy that could allow its investment in domestic stocks to grow with a rallying market, according to people familiar with the deliberations.
BlackRock has bought private-equity real estate fund MGPA in a deal that boosts its presence in Asia and continental Europe.
One-time hedge fund darling Apple was dropped by more famous hedge fund managers in the first quarter.
Billionaire hedge fund manager Daniel Loeb said Sony reminds him of Yahoo before he waged a bitter proxy fight that triggered a boardroom shake-out at the Internet company.
Days after reporting some of the industry's deepest losses, hedge fund billionaire John Paulson said investors should stick with managers for the long term.
Specialized hedge funds which transformed corporate bankruptcies may be poised to descend on another landscape: struggling cities and counties - and no place beckons more than Detroit.
Some shareholders of Verizon Communications say they could be happy for the company to pay up to $130 billion for Vodafone Group's stake in their U.S. wireless venture.
JPMorgan shareholders should vote against the re-election of three board members, an influential proxy advisory firm said.
Indian hedge fund manager Kalpesh Kinariwala is so sure of his equity strategies in a country that has stumped foreign rivals that he sends a daily e-mail tracker of his performance - including to competitors.
Hedge funds plowed new money into gold even after it posted a record loss last week, according to trading data that also showed inflows for many other commodities.
Bank of Japan Governor Haruhiko Kuroda played down concerns his burst of monetary stimulus would create asset-price bubbles even as it delivered an immediate pay-off in global markets, with government bond yields at a record low, the yen hitting a 3-1/2 year trough and stocks surging to multi-year highs.
The death of Laiki, also known as Cyprus Popular Bank, was brutal. Board members said they had fought to the bitter end.
It's official: Stockton, Calif., will become the nation's most populous city to enter into bankruptcy protection after getting clearance from a federal judge on Monday.
The Chapter 9 bankruptcy case for Stockton, Calif., is being closely watched nationally. At issue: Does federal bankruptcy law trump the California law that says debts to the state pension fund must be honored?
German hedge fund manager Florian Homm, who had been a fugitive for more than five years, was arrested in Italy on U.S. fraud charges, according to a statement from the U.S. attorney's office in Los Angeles.