BOSTON, July 23- New rules announced on Wednesday will likely drive safety-oriented retail investors away from some money market funds because they highlight risks and make it harder to pull cash out when market turmoil strikes.» Read More
BOSTON, April 8- Hedge fund Coatue Management plans to return as much as 35 percent of its assets to investors this summer after its $7 billion flagship ballooned in size.
*Nikkei falls to 1 1/ 2- week low ahead of BOJ policy announcement. *Exporters another loser as yen rebounds, Honda down 2.7 pct. TOKYO, April 8- Japanese shares dropped on Tuesday after a sudden tumble in U.S. tech stocks turned investors against risk, and as the Bank of Japan is expected to offer no new stimulus at its policy announcement later in the day.
SAO PAULO, April 7- New York- based investment bank Greenhill& Co Inc on Monday said it hired former Goldman Sachs Group Inc dealmaker Rafael Pereira, expanding its mergers and acquisitions unit in Brazil. Prior to Goldman, where he covered the insurance, financial services, healthcare and technology sectors, Pereira was a banker at Credit Suisse Group AG.
BOSTON, April 7- Hedge fund manager John Paulson's returns dipped in March, hurt in part by losses in the gold market, two people familiar with the numbers told Reuters on Monday. The Paulson Advantage Plus Fund dipped 7.4 percent last month, cutting its year-to-date gains to 2.6 percent.
BOSTON, April 7- Harvard University said on Monday it adopted a set of environmental and social investing principles backed by the United Nations for its huge endowment fund, a move that could add pressure on companies in its portfolio to make more disclosures on areas like carbon emissions.
The SEC regularly examines a wide range of financial institutions including brokerages and clearing houses to ensure compliance with federal securities laws. The SEC already has examiners who specialize in funds, but historically the agency has focused on public asset managers such as mutual funds that have been highly regulated since 1940..
NEW YORK, April 6- BlackRock Inc, the world's largest money manager, is reorganizing its senior management, shifting at least 10 senior executives into new or different roles, according to an internal memo seen by Reuters on Sunday.
Familiar names such as Netflix, Facebook and Tesla Motors, along with a number of biotechnology and cloud-computing stocks, have been pummeled in the last month. Facebook Inc, for example, has fallen nearly 22 percent from an intraday record reached less than a month ago.
BOSTON, April 4- Hedge fund manager Daniel Loeb on Friday urged Sotheby's investors to support his board slate, arguing he and his fellow nominees would be better able to reinvigorate the auction house from within after years of poor governance.
Seni Adetu MD Guinness Nigeria Manu Chairman Comcraft Group. Mustafa CEO Asset Management Chike-Obi Corporation of Nigeria Bob CEO Safaricom Collymore Telecommunications Sani Vice President Dangote Flour Mills. Margaret CEO Rest of Africa Sanlam Emerging Markets.
TOKYO, April 4- Japan's $1.26 trillion public pension fund said on Friday it has selected 14 new active managers to supervise its domestic equities investment and added more benchmarks to its strategy.
*NYSE stock positions using leverage hit record high. LONDON/ PARIS, April 4- Hedge funds are borrowing record amounts of money to fund bets that stock markets will continue rising, creating conditions that could accelerate price falls if those leveraged positions are hurriedly closed.
*Portugal leads periphery rally after QE talk. "This is the beginning of the end of the sovereign debt crisis for Greece," said Jason Manolopoulos, managing partner at Dromeus Capital, an asset manager which holds Greek bonds. Greece hired a group of banks to manage the sale of a 2 billion euro five-year bond on Thursday, Thomson Reuters market service IFR reported.
*Haldane says funds can pose risks because of size, activities. LONDON, April 4- A top Bank of England official put the world's $87 trillion asset-management industry on alert on Friday, saying it posed some of the same "too big to fail" risks that are being tackled by reforms at major banks.
April 4- Moelis& Co, the advisory firm set up by veteran investment banker Ken Moelis, said it expects to price its initial public offering of 7.3 million Class A shares at between $26 and $29 per share, valuing the firm at up to $1.50 billion. The firm was founded in March 2007 after Ken Moelis left UBS.
*Pimco performance, governance issues worry Allianz owners. FRANKFURT, April 4- Several of the biggest investors in Allianz are pressing the German insurer to step up oversight of its California asset management unit Pimco and one is considering the unusual step of going public with its concerns at a shareholder meeting in May.
LONDON, April 4- The world's $87 trillion asset management industry is getting riskier and echoes some of the "too big to fail" risks already being addressed at banks, Bank of England director of financial stability Andy Haldane said on Friday.
Arledge himself acknowledged on Wednesday that BNY Mellon is only in the early stages of a two-pronged strategy to gather assets from individual retail investors, but he pledged that the strategy will show tangible progress by this summer.
TOKYO, April 4- A global bond fund of Japan's Kokusai Asset Management, which has reigned as the top mutual fund in the country for more than 12 years, was knocked from the position by Fidelity's U.S. high-yield fund as investors become more enthusiastic about chasing higher returns.
TOKYO, April 4- The Nikkei average slipped from a three-week high on Friday on caution before the release of U.S. jobs data, but speculation that the Bank of Japan may adopt more stimulus next week underpinned shares of real estate and brokerage firms.