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Investing Institutional Investors

  • MUMBAI, March 8- Canada's two largest pension funds have bought a stake of about 1.5 percent in India's Kotak Mahindra Bank for about 22.55 billion rupees from its founder and chief executive Uday Kotak, stock exchange data showed on Wednesday. Caisse de depot et placement du Quebec, Canada's second-biggest public pension fund, bought 18.4 million shares in the...

  • BOSTON, March 6- A group representing large institutional investors has approached index providers S&P Dow Jones Indices and MSCI Inc, looking to bar Snap Inc and any other company that sells investors non-voting shares from their stock benchmarks. Were Snap to be added to indexes such as the S&P 500 Index or the MSCI USA Index, managers of stock index portfolios...

  • BOSTON, March 6- A group representing large institutional investors has approached stock index providers S&P Dow Jones Indices and MSCI Inc, looking to bar Snap Inc and any other company that sells investors non-voting shares from their stock benchmarks. Were Snap to be added to indexes such as the S&P 500 Index or the MSCI USA Index, then managers of stock index...

  • *Investor demand highest since 1999- Blue Lion Research. LONDON/ BOSTON, March 6- Bank stocks are back in vogue for hedge funds, which have shunned the industry over the past seven years due to a squeeze on banks' profitability from low interest rates and because of their opaque balance sheets. "I think people are overweighting," Hilmi Unver, partner at hedge fund...

  • BRAZIL GOV'T HAS "KEY ROLE" TO PLAY IN SELECTION OF NEW VALE CEO DUE TO PENSION FUND INVESTMENTS- MINING MINISTER.

  • HONG KONG, March 2- A subsidiary of BlackRock Inc has become the first United States- based asset manager to be awarded a Renminbi Qualified Foreign Institutional Investor quota to invest in China's capital markets. On Thursday, BlackRock said that an 11 billion yuan quota was granted to BlackRock Fund Advisors by China's State Administration of Foreign...

  • FRANKFURT, March 1- Drugmaker Bayer has sold 1.46 billion euros of shares in its chemicals subsidiary Covestro, cutting its stake to 53.3 percent as it raises cash for its takeover of seeds maker Monsanto. The sale of 22 million shares, or 10.9 percent of Covestro's capital, at 66.50 euros each to institutional investors, puts the chemicals maker on track to enter...

  • DUBAI, Feb 25- The chairman of Dubai Holding, the investment vehicle of the emirate's ruler and a major force in developing the Dubai economy, has resigned to focus on his role in the national government, the conglomerate said on Saturday. As head of Dubai Holding since its founding in 2004, Mohammed Abdullah al-Gergawi came to oversee a $35 billion portfolio of...

  • NEW YORK, Feb 24- Jeffrey Gundlach, chief executive of DoubleLine Capital, said on Friday he expects the yield on the benchmark 10- year U.S. Yields fell as low as 2.313 percent, the lowest since Jan. 17. Gundlach, who oversees $101 billion, first introduced his view on the 10- year yield's bottom in January.

  • *U.S., Canada looking for' greenfield' investors. TORONTO, Feb 24 S- Canadian pension fund manager OMERS would like to invest more in building new infrastructure, its chief financial officer said, making it a candidate to support government programs in Canada and the United States. However, with competition for' brownfield' assets inflating prices around the world,...

  • LONDON, Feb 21- Institutional investors pulled $468.8 billion out of equities in 2016, a report by the research firm eVestment showed on Tuesday, notwithstanding a rally late in the year that drove stock markets to record highs. The fourth-quarter selling was broad-based, with client accounts domiciled in the United States, Europe, Britain, Canada, Africa, the...

  • *Inflows from China pension funds will top $1 bln- media. SHANGHAI, Feb 21- Shanghai stocks edged up on Tuesday morning to an 11- week high, as risk appetites were improved on hopes for big flows into stock markets from pension funds plus news that some companies have scrapped new share sales. Tian Weidong, analyst at Kaiyuan Securities in Xi'an, said one part of the...

  • 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...