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  • LONDON, Aug 20- Commodity hedge fund Krom River is determined to stay the course in uncertain conditions despite a hefty sectoral slide, hoping for fresh inflows from investors fearing a retreat in equities.

  • Aug 18- Asset manager Eaton Vance Corp's quarterly profit narrowly beat analysts' estimates, as it investment advisory and administrative business fees increased 6 percent. Net income attributable to the company's shareholders rose to $77.9 million, or 63 cents per share, from $23.2 million, or 18 cents per share, a year earlier.

  • Eaton Vance quarterly profit triples on lower costs Wednesday, 20 Aug 2014 | 9:05 AM ET

    Aug 18- Asset manager Eaton Vance Corp's quarterly profit tripled, due to a big drop in the company's non-operating expenses. Net income attributable to the company's shareholders rose to $77.9 million, or 63 cents per share, in the third quarter ended July 31, from $23.2 million, or 18 cents per share, a year earlier.

  • Aug 19- Brokerage firm Wedbush Securities rejected Financial Industry Regulatory Authority's charges, saying its risk management controls were consistent with the regulator's guidance.

  • Dubai creates new fund class to lure asset managers Tuesday, 19 Aug 2014 | 5:52 AM ET

    *Aims to compete with Luxembourg, Dublin and Cayman Islands. DUBAI, Aug 19- Dubai is changing its financial rules in an effort to attract more asset managers- particularly those serving the richest and most risk-tolerant investors, such as hedge funds and private equity funds- to base themselves in the emirate.

  • Aug 18- Thomas Montag will become Bank of America Corp's sole chief operating officer as co-COO David Darnell takes a new title after asking to relocate to Florida, Bloomberg reported. Montag will continue to head the investment banking and capital markets businesses, the Bloomberg report said.

  • BOSTON, Aug 18- Thomas Conheeney, who was president of Steven A. Cohen's SAC Capital Advisors during the years the hedge fund was being investigated for insider trading, has stepped down from the position at successor organization Point72 Asset Management, Point72 said on Monday.

  • WASHINGTON, Aug 18- Wall Street's self-funded regulator on Monday charged brokerage firm Wedbush Securities with having shoddy risk controls, a flaw that in turn allowed thousands of traders to flood U.S. markets and execute manipulative trades.

  • BOSTON, Aug 18- Thomas Conheeney, who was president of Steven A. Cohen's SAC Capital Advisors during the years the hedge fund was being investigated for insider trading, has stepped down and left successor organization Point72 Asset Management, it said on Monday.

  • *Partners strikes first buyout in China. HONG KONG, Aug 18- Swiss investment manager Partners Group Holding AG has agreed to buy the majority of China- focused elevator guide rail maker Savera Group for around 2 billion yuan, people with knowledge of the matter told Reuters.

  • HONG KONG, Aug 18- Swiss investment manager Partners Group Holding AG has agreed to buy the majority of Spanish elevator guide rail maker Savera Group for around 2 billion yuan, people with knowledge of the matter told Reuters.

  • New York state pension funds grows 3.6 pct in Q2 Friday, 15 Aug 2014 | 3:50 PM ET

    NEW YORK, Aug 15- New York state's pension fund grew 3.58 percent to an estimated $180.7 billion in the first quarter of the state's fiscal year ending June 30, New York state's Comptroller said on Friday.

  • BOSTON, Aug 14- Billionaire investor William Ackman, who often says he is flattered when others follow him into a stock he likes, was joined by several prominent hedge funds that made new bets on takeover target Allergan Inc during the second quarter.

  • Aug 14- Top U.S. hedge fund managers did some shopping for shares of discount retailer Dollar General Corp and drug store operator Walgreen Co in the second quarter.

  • NEW YORK, Aug 14- Owning just US $25 m of bonds may be all it takes to accelerate payments on US $30 bn of Argentina's restructured debt, if holders of a particularly small series of New York- law Pars decide to pull the trigger.

  • Daniel Loeb's Third Point added 1 million shares of Dollar General, raising his stake by 33 percent, while Blue Ridge Capital, founded by Tiger Cub John Griffin, nearly doubled its stake in Walgreen when it bought 2.8 million shares.

  • *Merger to create Fiat Chrysler Automobiles. MILAN, Aug 14- Sergio Marchionne has shown he is determined to let nothing stand in the way of Fiat's merger with Chrysler, but a share price slide may yet force the CEO to hit the brakes on plans to turn the world's No. 7 carmaker into a top player.

  • BUENOS AIRES, Aug 14- The hedge funds suing Argentina over its 2002 debt default are an "international mafia" out to wreck the country's finances, the government said on Thursday, pumping up the rhetoric in a battle that is squeezing the struggling Argentine economy.

  • NEW YORK, Aug 13- A billionaire hedge fund manager who has sued to stop Canadian fashion designer Peter Nygård from expanding his Bahamas estate has asked a U.S. court to help him obtain crucial evidence from a whistleblower to help with the litigation.

  • NEW YORK, Aug 13- A billionaire hedge fund manager who has sued to stop Canadian fashion designer Peter Nygård from expanding his Bahamas estate has asked a U.S. court to help him obtain crucial evidence from a whistleblower to help with the litigation.