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  • NEW YORK, July 2- Some of the biggest global investors have started to pull back from riskier fixed-income assets even as the Federal Reserve keeps on a green light for risk. Loomis Sayles, GAM, and Standish are among those who say U.S. investment grade and high yield corporate bond prices have gone too far, making returns less compelling.

  • HONG KONG/ SEOUL, July 2- Investment bankers are jostling to win plum roles from the founding Lee family of Samsung Group, South Korea's top fee-payer, as it prepares to hand the baton to the next generation in a restructuring that could land more than $100 million in advisory fees alone.

  • NEW YORK, July 1- Morgan Stanley wants to pay out a smaller portion of wealth management revenue to the retail brokers who generate it, the final and perhaps most difficult front in Chief Executive James Gorman's drive to reduce staff costs across the bank.

  • China Credit Trust Co Ltd's "Credit Equals Gold #2" wealth management product, which raised 1.3 billion yuan from investors in 2011, may face difficulties repaying them when the product matures on July 25, the China Securities Journal reported, citing a statement by the company to investors.

  • NEW YORK, July 1- Morgan Stanley wants to pay out a smaller portion of wealth management revenue to the retail brokers who generate it, the final and perhaps most difficult front in Chief Executive James Gorman's drive to reduce staff costs across the bank.

  • June 30- A South Carolina jury on Monday awarded $8.1 million to a former adviser who sold his wealth management business to BB&T Corp and later alleged that the company mismanaged his retirement nest egg with a risky strategy, according to a person familiar with the matter. A spokeswoman for BB&T Corp and a lawyer for the plaintiff declined to comment.

  • June 30- A jury in a South Carolina state court on Monday awarded $8.1 million to a former adviser who sold his wealth management business to BB&T Corp and later alleged that the bank mismanaged his retirement nest egg with a risky strategy, according to a person familiar with the matter.

  • *CSRC cracking down on insider trading at mutual funds. By Lu Jianxin and Pete Sweeney. SHANGHAI, July 1- A crackdown by Chinese regulators on insider trading in the country's $1.2 trillion mutual fund industry has sparked an exodus of fund managers from the industry.

  • Funds managed by Trian collectively own about 28.9 million shares, or about 2 percent, of BNY Mellon after adding to the stake in the first quarter, according to disclosures with the U.S. Securities and Exchange Commission and the person familiar with Trian's investment strategy. "Trian is a respected investment firm," BNY Mellon spokesman Kevin Heine said.

  • NEW YORK, June 30- Even as BlackRock Inc is set to amass $1 trillion in exchange-traded fund assets in its iShares business, U.S. retail investors increasingly prefer to send their money to low-cost leader Vanguard Group, highlighting a weak spot for the world's biggest money manager.

  • *Central-bank body's Shin warns of' destructive reversal'. FRANKFURT, June 29- Pension funds and other long-term investors are taking ever bigger risks and could be laying the ground for renewed turmoil when money gets more expensive, one of the world's leading economists told Reuters.

  • LONDON, June 29- While banks are dumping risky assets as regulation bites, asset managers are plugging the funding gap and using their growing clout in ways that could harm markets, the Bank for International Settlements says.

  • BEIJING, June 28- China's National Social Security Fund earned 68.6 billion yuan from its investments in 2013, implying a 6.2 percent return on investment, the Xinhua news agency said on Saturday.

  • NEW YORK, June 27- Wall Street may kick off the second half of the year with an uptick in volatility, thanks to the June jobs report and plenty of other market-moving data in a short trading week. Federal Reserve Chair Janet Yellen is scheduled to speak on financial stability at an International Monetary Fund conference in Washington.

  • Hedge fund calls off plan for move to Stamford Friday, 27 Jun 2014 | 4:51 PM ET

    WESTPORT, Conn.— One of the world's largest hedge funds said Friday it is calling off a plan to build a $750 million corporate headquarters in Stamford. Bridgewater Associates, which currently is based in Westport, said in 2012 that it planned to build a 750,000- square-foot building on the waterfront.

  • Tech threat a warning for fund managers to step up Friday, 27 Jun 2014 | 11:53 AM ET

    *Google, Apple, Amazon among those well positioned- KPMG. MONACO, June 27- Tech companies pose a growing threat to traditional asset managers and the financial services industry needs to up its game to meet the challenge, even though the hurdle of regulation is holding back rapid change, industry executives said.

  • Bulgarian bank hit by run, 2nd in a week Friday, 27 Jun 2014 | 9:44 AM ET

    SOFIA, Bulgaria— A second Bulgarian bank has been hit by a run within the past week, prompting authorities to issue a statement claiming there is no reason for depositors to worry about their money despite reports the financial system is shaky.

  • LONDON, June 27- The hunt for returns in trendless stock markets is pushing institutional investors back towards actively managed equity funds, offering relief to an industry that has borne the brunt of the surge in popularity of low-cost exchange traded funds.

  • *ShFE copper may see another bout of short-covering- Standard Bank. A stoppage in ore shipments from Indonesia since January, as miners Freeport-McMoRan Copper& Gold Inc and Newmont Mining Corp renegotiate taxes on their exports with the government, has wiped out the year's expected surplus.

  • One person who has thought interestingly about these issues is Stephen Jen, a hedge fund manager at SLJ Macro Partners. Jen argues, picking up on points made by economist Paul Samuelson a decade ago, that lagged effects of globalization may be behind some of the peculiarities in both markets and economics we now observe.