GO
Loading...

Enter multiple symbols separated by commas

Capital Markets

More

  • Beijing published draft rules on the proposed change late on Monday, hours after China's stock markets had closed sharply despite surprise monetary easing moves by the central bank at the weekend. The pension funds would be able to invest up to 30 percent of their net assets in China's stocks, equity funds and balanced funds, according to the draft published by...

  • SHANGHAI, June 30- China plans to allow official pension funds to invest in stocks, two central government authorities said in a draft regulation released on Monday, according to state news agency Xinhua. The Ministry of Human Resources and Social Security and Ministry of Finance said the draft rules would be open for public consultation until July 13.

  • LONDON/ HONG KONG, June 30- Money raised in global equity capital markets rose in the first half of the year to top $500 billion, but bankers' fees fell as secondary share sales supplanted lucrative stock market listings as the dominant deals. Initial public offerings had reigned supreme in the first half of last year, but they dropped by 18 percent to $96.8 billion...

  • LONDON/ BOSTON, June 29- Greece's worsening debt crisis threatens to derail the best start to the year for global hedge funds since 2009, as a bitter standoff between Athens and its creditors rattles financial markets. Greek lawmakers on Sunday authorized a July 5 referendum that will let the people of Greece vote yes or no on creditor demands for economic...

  • Canada's Ivanhoe invests in Chinese warehouses Monday, 29 Jun 2015 | 12:39 PM ET

    MONTREAL, June 29- The real estate arm of Canada's second-largest pension fund said on Monday it will invest up to $180 million in Chinese warehouse properties, joining other institutional investors that are seeking to profit from China's burgeoning e-commerce sector. Ivanhoe Cambridge, part of the C $225.9 billion Caisse de depot et Placement du Quebec fund,...

  • US STOCKS-Wall St falls as Greek crisis worsens Monday, 29 Jun 2015 | 9:59 AM ET

    The S&P 500 and the Nasdaq Composite fell around 0.7 percent as markets around the world slumped on fears that other European countries would suffer if Greece defaults. The European Central Bank froze funding to Greek banks, forcing Athens to shut banks for a week to keep them from collapsing. said Leo Grohowski, who oversees about $194 billion in client assets...

  • LONDON/ FRANKFURT, June 29- Henrik Aslaksen, global head of mergers and acquisitions at Deutsche Bank, is to leave the company, two sources familiar with the matter said on Monday. Aslaksen had been at Deutsche Bank since 2002, according to his LinkedIn profile. Deutsche Bank declined to comment.

  • BOSTON, June 26- Hedge fund manager William Ackman, who has made a $1 billion bet against Herbalife Ltd, on Friday asked the company's chief executive officer to release a video and say why he told an audience years ago that participating in Herbalife was a "lottery ticket." A lawyer for Ackman sent the letter to Herbalife CEO Michael Johnson after the New York Post...

  • Stock pickers push back against the index-fund wave Friday, 26 Jun 2015 | 2:10 PM ET

    CHICAGO— Is it worth it to pay a stock picker when index mutual funds are so cheap? It was against that backdrop that several high-profile stock pickers made their case at the Morningstar Investment Conference in Chicago this week. "Active management has lost its voice a little bit, and we want people to remember what it's about," said Rob Lovelace, president of...

  • SAN FRANCISCO, June 26- Anxiety about Greece and uncertainty about the timing of higher U.S. interest rates may keep Wall Street on edge early next week, but one ray of hope for investors could be an unusually long streak of ambivalence on Main Street. "The market climbs a wall of worry and if there's some bearishness out there it means there's potential buying power...

  • June 26- Digicel Group Ltd, the Caribbean telecommunications company that sponsors sprinters Usain Bolt and Shelly Ann Fraser-Pryce, filed for an initial public offering of Class A common stock. The company, founded by Irish billionaire Denis O'Brien, said J.P. Morgan, UBS Investment Bank and Citigroup were among the underwriters for the IPO.

  • June 26- Digicel Group Ltd, which offers communications services in the Caribbean and South Pacific regions, filed with U.S. regulators on Friday to raise up to $200 million in an initial public offering of Class A common stock. J.P. Morgan, UBS Investment Bank and Citigroup were among the underwriters for the IPO, the company told the U. S Securities and Exchange...

  • BEIJING, June 26- China's banking regulator said on Friday that it will allow the establishment of more private banks and allow foreign investors to participate in the reform process to help shore up the state-dominated financial sector. China's banking regulator last year approved five private banks to launch operations, as part of a pilot scheme to channel...

  • BEIJING, June 26- China will encourage qualified private investors to establish smaller banks but will control risks and the pace of establishment of new private banks, the country's banking regulator said on Friday. Domestic, state-owned and overseas investors will be treated equally in the process, the China Banking Regulatory Commission, said in a...

  • June 25- Scranton, Pennsylvania, Mayor William Courtright said on Thursday the state should take over the city's pension system after a report found problems with past benefit awards in one of the funds. Courtright, a Democrat, said the most recent report was a "wakeup call" and that he will ask for the support of Governor Tom Wolf in moving all of the funds to the...

  • Hedge funds say au revoir to glitzy Monaco bash Thursday, 25 Jun 2015 | 1:32 PM ET

    *Top industry conference heads to Amsterdam. MONACO, June 25- Ferraris, super-yachts and free-flowing champagne- for a decade, Monaco and hedge funds have gone hand-in-hand. As the warm Mediterranean sun set over Le Méridien Beach Plaza hotel in the small principality, attendees could look forward to next year's event in Amsterdam.

  • LONDON, June 25- Fund managers and investment professionals face a harder slog for less money as competition from the technology sector and mounting regulation squeeze easy profits, the head of the CFA Institute said on Thursday. Change should however be welcomed as a chance to correct the excesses of an industry that is still too opaque when it comes to...

  • ZURICH, June 25- Union Bancaire Privee plans to cut between 60 and 110 jobs initially after buying the international business of wealth manager Coutts from Britain's Royal Bank of Scotland, a source familiar with the matter told Reuters on Thursday. The Geneva- based private bank run by Guy de Picciotto, the son of the founder, hopes the deal will bolster business...

  • NEW DELHI, June 25- India's state social security and pension fund, undeterred by trade union resistance, will start investing in equity markets next month, the labor minister said, part of a broader push by Prime Minister Narendra Modi to move away from socialist ways rooted in decades-old labor laws. With more than $100 billion of assets from some 80 million...

  • ZURICH, June 25- Union Bancaire Privee plans to cut between 110 and 160 jobs initially after buying the international business of wealth manager Coutts from Britain's Royal Bank of Scotland, a source familiar with the matter told Reuters on Thursday. The Geneva- based private bank run by Guy de Picciotto, the son of the founder, hopes the deal will bolster business...