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Investing Institutional Investors

  • LONDON, Feb 20- Sovereign wealth funds pulled $37.8 billion from global stock and bond markets in 2016, data from research firm eVestment showed on Monday, although fourth quarter flows showed a slowdown in the rate of redemptions. The rate of selling steadily reduced over the course of 2016, with fourth quarter redemptions of $4.9 billion, down from a revised...

  • The global study, conducted by Stirling Infrastructure Partners, an adviser to institutional investors, polled 44 sovereign wealth funds and pension funds with some $63 billion allocated to infrastructure, and found a growing appetite for assets in riskier markets. Central and Eastern Europe rose to 30 percent from 22 percent and Latin America to 27 percent...

  • SHANGHAI, Feb 20- China's blue-chip index posted its biggest daily gain in six months on Monday after media reports said pension funds may begin flowing into the country's stock markets as early as this week. Media reported on Friday that China had started investing an initial 360 billion yuan in pension insurance funds from seven provinces and cities in...

  • TORONTO/ NEW YORK, Feb 17- Kinder Morgan Inc has begun talks with institutional investors including major Canadian pension funds and private equity firms to raise capital for the C $6.8 billion expansion of its Trans Mountain pipeline project, according to people familiar with the process. The biggest U.S. pipeline company, which has said its goals for 2017...

  • EXCLUSIVE-KINDER MORGAN INC BEGINS TALKS WITH MAJOR CANADIAN PENSION FUNDS, PRIVATE EQUITY FIRMS TO FINANCE TRANS MOUNTAIN PIPELINE EXPANSION- SOURCES.

  • TORONTO/ NEW YORK, Feb 17- Kinder Morgan Inc has begun talks with institutional investors including major Canadian pension funds and private equity firms to raise capital for the C $6.8 billion expansion of its Trans Mountain pipeline project, according to people familiar with the process. The biggest U.S. pipeline company, which has said its goals for 2017...

  • HELSINKI, Feb 17- Finnish pension fund Ilmarinen has increased its investments in U.S. equities while cutting back on European stocks due to weak growth prospects in the region, its chief executive Timo Ritakallio said on Friday. Ilmarinen, Finland's second-biggest pension fund after Varma, oversees about 37 billion euros in investments and its moves are...

  • --China has started investing an initial 360 billion yuan in pension insurance funds from seven provinces and cities, including Beijing and Shanghai, in financial markets, widening a scope until then restricted to lower-yielding bank deposits and treasuries, the state-owned Securities Daily reported on Friday, citing the Ministry of Human Resources and...

  • Feb 16- Snap Inc, owner of the popular messaging app Snapchat, is seeking a valuation of between $16.20 billion and $18.52 billion in its highly awaited initial public offering. "I think that the lower proposed valuation reflects feedback from institutional investors that the higher valuation is hard to justify," Jay Ritter, IPO expert and professor at the...

  • Feb 15- Procter& Gamble Co, maker of Tide detergent and Gillette razors, will face ever greater pressure to slice costs and slow-growing divisions now that activist investor Trian Partners is a major shareholder. A person familiar with the matter told Reuters that Trian currently holds more than $3 billion of P&G's stock. Bernstein Research said in January 2016...

  • NEW YORK, Feb 14- Bob Shearer, who manages one of BlackRock Inc's largest funds, is planning to leave the world's biggest asset manager later this year, executives said in a memo on Tuesday. Shearer is a managing director and lead portfolio manager for the nearly $22 billion BlackRock Equity Dividend Fund, BlackRock's third-largest mutual fund and its biggest...

  • *Europe, United States favourite destinations for investment. JERUSALEM, Feb 14- Israeli institutional investors are placing billions of dollars in foreign private equity funds after government reforms to encourage household savings brought an influx of cash. Insurance and retirement fund managers have seen their assets swell 50 percent in five years,...

  • Special prosecutors investigating the influence-peddling scandal that led to the impeachment of the country's president said Tuesday they have asked a court to issue an arrest warrant for Lee Jae-yong, the vice chairman of Samsung Electronics. They also are seeking an arrest warrant for Samsung Electronics president Park Sang- jin, who oversees the...

  • BOSTON, Feb 13- Harvard University added Brian Rogers, chief investment officer at T. Rowe Price Group Inc, to the board that oversees the investment of its $35.7 billion endowment, the Ivy League school said on Monday. Rogers joined the 11- member Harvard Management Company board at a critical time, just weeks after the school's investment arm announced sweeping...

  • BOGOTA, Feb 9- Colombia's government has eliminated a tax paid on local portfolio investments by Peruvian and Chilean pension funds, and may add Mexico, a government official said on Thursday. "Today, Chile and Peru have such agreements and have been applying them since January 1, 2017. The Pacific Alliance includes Colombia, Peru, Chile and Mexico.

  • LONDON, Feb 9- Fund manager Henderson Group's total assets rose 10 percent to 101 billion pounds in 2016 after market gains more than offset the impact of retail customers withdrawing money. Henderson said its planned $6 billion purchase of rival U.S. asset manager Janus Capital was on track to complete by the end of May, and it planned to pay a final dividend of...

  • LONDON, Feb 9- Fund manager Henderson Group's total assets rose 10 percent to 101 billion pounds in 2016 after market gains more than offset the impact of retail customers withdrawing money, it said on Thursday. Henderson said its planned $6 billion purchase of rival U.S. asset manager Janus Capital was on track to complete by the end of May, and it planned to pay a...

  • SAN FRANCISCO, Feb 7- California Public Employees' Retirement System expects a 5.8 percent annual investment return under its new portfolio asset allocation, significantly lower than the fund's assumed rate of return of 7 percent by 2020.. CalPERS' caution mirrors outlooks from public pension funds across the United States as they try to grapple with...

  • MILAN, Feb 7- Italy's banking industry rescue fund Atlante expects the European Central Bank to approve a merger between ailing Popolare di Vicenza and Veneto Banca, likely requesting state support to ensure the plan's success. State-sponsored Atlante was hastily set up last year to take over the two banks when they failed to raise 2.5 billion euros in capital...

  • SAN FRANCISCO, Feb 6- California Public Employees' Retirement System should maintain its investments in the controversial Dakota Access oil pipeline project in order to exert influence over the companies involved, staff for the largest U.S. public pension fund said on Monday. Legislation proposed in California would require CalPERS, a $300 billion fund, to...