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  • BOSTON, Oct 20- Hedge funds suffered their biggest quarterly loss in assets since the financial crisis during the three months that ended in September, data released on Tuesday showed, putting the industry on track for its worst year since 2008.. The secretive industry that caters to wealthy investors, including pension funds and endowments, saw assets shrink...

  • The secretive industry that caters to wealthy investors, including pension funds and endowments, saw assets shrink by $95 billion, or 3.9 percent, to 2.87 trillion in the third quarter, research and tracking firm Hedge Fund Research reported. Meanwhile, net inflows amounted to $5.6 billion, compared with the $21.5 billion added during the second quarter and the...

  • SAN FRANCISCO, Oct 19- As California's pension funds discuss divesting from investments in coal companies, a consultant warned on Monday that past efforts to divert CalPERS' money away from investments deemed unethical have cost the largest U.S. public pension fund between $4 billion and $8 billion. In the past, CalPERS has pulled cash out of tobacco and...

  • CANADIAN OIL SANDS CEO EYES INTEREST FROM PRIVATE EQUITY, PENSION FUNDS, INT'L OIL COS.

  • TEXT-Exclusive Q&A with Chinese President Xi Jinping Saturday, 17 Oct 2015 | 11:00 PM ET

    Oct 18- Chinese President Xi Jinping arrives in Britain on Monday for a state visit at the invitation of Queen Elizabeth II, the first state visit to the United Kingdom by a Chinese leader since 2005.. A: I visited London, Oxford, Glasgow and Edinburgh in 1994. I was deeply impressed by the visit, particularly Britain's long history, unique culture, friendly people...

  • Why Australia's IAG threw in the towel on China Friday, 16 Oct 2015 | 6:39 AM ET

    SYDNEY, Oct 16- When Insurance Australia Group, the country's largest general insurer, announced ambitious plans in June to ramp up its business in mainland China, several institutional investors including Jason Kim were seriously concerned. Kim, a portfolio manager at Nikko Asset Management which owns about A $143 million worth of IAG shares, asked the board...

  • NEW YORK, Oct 15- Stock and corporate bond funds pulled in $5.5 billion in new money from investors in the week that ended Wednesday, according to data from Lipper on Thursday. Investors poured $2.5 billion into U.S.-based stock mutual funds and exchange-traded funds after the category posted $8 billion in outflows the prior week. Greg Peters, who helps manage...

  • SAN FRANCISCO, Oct 15- Most California cities support a new strategy by the nation's largest public pension fund to make its investment portfolio more conservative, even though the move could gradually increase how much employers pay into the fund. The League of California Cities surveyed its members, which have been struggling to shoulder the burden of...

  • Oct 12- The officers who run the California Public Employees' Retirement System are proposing to lower investment targets, a move that could lead to higher contributions for government workers across California, The Wall Street Journal reported on Monday. The plan for CalPERS, the largest pension fund in the United States, would reduce the fund's return...

  • LONDON, Oct 12- Big pension, insurance and sovereign funds may be scaling back investments in emerging markets amid disappointing returns and a darkening outlook for the sector. These deep-pocketed funds-- global pension assets alone are worth over $35 trillion-- are relatively recent entrants to emerging markets, driven by the collapse in Western bond yields...

  • JOHANNESBURG, Oct 7- SABMiller's fourth largest shareholder, the Public Investment Corporation, said on Wednesday Anheuser-Busch InBev's takeover offer addressed its one of its concerns which is for SABMiller to remain listed in Johannesburg bourse.

  • DuPont CEO departure buys time to appease Peltz Tuesday, 6 Oct 2015 | 7:05 PM ET

    BOSTON/ TORONTO Oct 6- The departure of DuPont's chairwoman and chief executive Ellen Kullman has bought the U.S. chemical manufacturer a few months' grace to boost its stock price and appease activist investor Nelson Peltz. "This goes a long way to inoculate the company from another proxy fight," said Damien Park, who works with companies facing pressure from...

  • BEIJING, Sept 29- The outstanding amount of China's dollar-denominated Qualified Foreign Institutional Investor program rose to $78.77 billion as of Sept. 29, from $76.7 billion at the end of August, the country's foreign exchange regulator said on Tuesday.

  • NEW YORK, Sept 25- Dan Ivascyn, who succeeded Bill Gross as Pimco's chief investment officer a year ago, said while he is pleased fund performance has improved, it has been "challenging" stabilizing one of the world's largest asset managers over the last 12 months. Pacific Investment Management Co, which oversees $1.52 trillion as of June 30 with more than 2,400...

  • Yale's endowment posts 11.5 pct returns Thursday, 24 Sep 2015 | 5:47 PM ET

    Sept 24- Yale University's investment return was 11.5 percent for the year ended June 30, valuing its endowment at $25.6 billion, according to a report on the university newsletter. Harvard University's endowment posted a 5.8 percent return in 2015 to hit a record $37.6 billion. Harvard's endowment remains the largest in the world.

  • BOSTON, Sept 22- Harvard University's endowment posted a 5.8 percent return in fiscal year 2015 to hit a record $37.6 billion, the elite school's in-house fund management company said. The returns for the 12 months ended June 30 were driven by outsized profits in stocks, venture capital investments in technology and biotech, and real estate holdings, Harvard...

  • Sept 22- The Canada Pension Plan Investment Board said on Tuesday it has voted to strip Bank of America Corp Chief Executive Officer Brian Moynihan of his chairman's title, the biggest shareholder so far to declare its intentions in a closely watched corporate governance contest. The Canada Pension Plan Investment Board controls 103 million shares of the...

  • BOSTON, Sept 22- The Canada Pension Plan Investment Board said on Tuesday it has voted its large stake in Bank of America Corp against bylaw changes allowing the bank's chief executive officer, Brian Moynihan, to also serve as chairman. The Charlotte-based bank will hold a special shareholder meeting Tuesday morning on bylaw changes it made last year to allow...

  • Daniel Fournier, chief executive of Ivanhoe Cambridge, the real estate arm of Caisse de depot et placement du Quebec, said on Monday he won't have to take bigger risks as yields weaken, a strategy he saw many investors take before the global financial crash. Ivanhoe Cambridge, which owns C $48 billion in assets, generated an average 13 percent return a year over the...

  • BEIJING, Sept 21- China will expand Britain's Renminbi Qualified Foreign Institutional Investor quota based on market demand, the two countries said in a statement distributed at a briefing in Beijing on Monday. Britain said it welcomed the simplification of the RQFII and Qualified Foreign Institutional Investor scheme, according to a joint UK- China...