LONDON, March 12- Index compiler MSCI plans to include China's mainland-based A shares in its benchmark emerging market index from May 2015, as the country gradually opens up its markets to foreign investors. MSCI has started consultations with investors and will make a final decision in June, the firm said in the consultation document.» Read More
TORONTO, Sept 25- AGF Management Ltd notched a smaller-than-expected third-quarter profit on Wednesday, but its stock was little changed on signs the worst may be over for the Canadian fund manager after its recent struggles.
Skepticism about the Fairfax bid appeared to be mounting on Wednesday, with BlackBerry shares falling almost 4 percent to $8.20 on the Nasdaq, well below the $9- a-share offer price.
*Deutsche Bank says subdued markets to hit revenue. *Deutsche Bank slowdown mirrors broader market trend. FRANKFURT, Sept 25- Deutsche Bank co-Chief Executive Anshu Jain has warned that third-quarter investment banking revenue would be significantly lower than a year ago, as a lull in bond market trading hits Germany's flagship lender.
TORONTO, Sept 25- Fairfax Financial Holdings Ltd was seeking over $1 billion in equity investments from institutional investors to back its preliminary $4.7 billion plan to acquire BlackBerry Ltd, the Globe and Mail reported on Wednesday.
Sept 25- Canadian fund manager AGF Management Ltd posted a profit in the third quarter compared with a loss a year earlier, but assets under management fell 12 percent. Net income from continuing operations was C $10.1 million, or 11 Canadian cents per share, compared with a loss of C $19.3 million, or 20 Canadian cents per share, a year earlier.
BOSTON, Sept 24- Seth Klarman's $28 billion Baupost Group, one of the world's biggest hedge funds, plans to return some money to clients at year's end, two people familiar with the Boston- based firm's plans said.
TOKYO, Sept 24- Japanese government bond prices were modestly higher on Tuesday morning, underpinned by stronger U.S. Treasuries, a fall in Tokyo stocks and buying for month-end duration changes. As widely expected, the Bank of Japan offered to purchase 400 billion yen of 5- year to 10- year JGBs in the secondary market under its massive JGB buying program.
Sept. 23- Real estate brokerage Marcus& Millichap Inc filed with U.S. regulators to raise up to $103.5 million in an initial public offering of common stock. Citigroup, Goldman, Sachs& Co, JMP Securities and William Blair were underwriting the IPO, the company told the U. S Securities and Exchange Commission in a preliminary prospectus.
LONDON, Sept 23- Euro zone bond investors are heartened that Angela Merkel looks likely to maintain Germany's carrot-and-stick support for weaker economies but no-one is rushing to buy with no significant policy shift expected.
In a time of dizzying capital flows in emerging markets, Mexico looks positively stable by comparison.
LONDON, Sept 20- Emerging equity funds have enjoyed their second consecutive week of inflows while hard currency bond funds also posted gains for the first time since mid-May, banks said on Friday, citing data from EPFR Global. The Boston- based fund tracker releases data to clients late on Thursday.
BEIJING, Sept 20- Alibaba Group Holding Ltd's online mutual funds platform, which launched in June allowing customers to buy and sell a single money market fund, is set to attract more than 20 billion yuan by the end of this month.
BRUSSELS, Sept 19- Belgian financial group Dexia has entered into exclusive talks with New York Life Investments to sell its asset management unit, it said late on Thursday. Dexia had initially agreed to sell the asset management arm to Hong Kong- based GCS Capital for 380 million euros, but that deal fell through in July.
NEW YORK, Sept 19- Wall Street often faces a wall of worry, the issues that can halt a market rally, yet the fears that haunt investors now seem to persist far longer than they did in the past, said Ken Fisher, the billionaire investor and author, in an interview. A fight in Congress over increasing the ceiling on U.S. government debt now looms.
PARIS, Sept 19- European shares rose on Thursday, with one benchmark index rising to a five-year high after the U.S. Gold miners also jumped, tracking a sharp rally in the precious metal as the U.S. dollar fell.
Brokerage Macquarie Equities Research raised its price target on the stock to $25 from $23 after the video game publisher racked up $800 million in first-day sales of Grand Theft Auto V, the fifth installment of the lucrative franchise that went on sale across the globe on Tuesday.
Brokerage Macquarie Equities Research raised its price target on the stock to $25 from $23 after the video game publisher racked up $800 million in first-day sales of Grand Theft Auto V, the fifth installment of the lucrative franchise that went on sale across the globe on Tuesday. **TRANSCEPT PHARMACEUTICALS INC, Wednesday close $3.59, up 9 pct after market.
Investment bank revenues were $13.1 billion in the first half of 2013, putting it ahead of Goldman Sachs, Deutsche Bank, Bank of America Merrill Lynch and Citi, which all shared second place in analytics firm Coalition's league table.
Sept 18- Capital Group Cos Chairman James Rothenberg outlined a new effort on Wednesday to promote its American Funds lineup, left sidelined by client withdrawals even as investors edge back to other actively managed equity mutual funds.
NEW YORK, Sept 18- Stocks and gold jumped while the U.S. dollar and bond yields fell sharply on Wednesday after the Federal Reserve surprised investors by postponing the start of the wind down of its massive monetary stimulus, saying it wanted to wait for more evidence of solid economic growth.