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Investing Institutional Investors

  • 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,...

  • 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...

  • NEW YORK, Feb 6- Investors pulled $1.6 billion from the Pimco Total Return Fund in January, leaving assets under management of $75 billion, Morningstar data showed on Monday. Pimco Income Fund, overseen by group chief investment officer Dan Ivascyn, posted $1.6 billion of inflows, resulting in assets under management of $73 billion, Morningstar said.

  • SAN FRANCISCO, Feb 6- U.S. public pension funds are cutting their expectations for investment returns over the next 30 years or more, but some do not expect to meet even the new targets over the coming decade. After a long period of low interest rates, forecasts by investment analysts show the next 10 years will probably bring slower market growth, leading to reduced...

  • Public pension funds across the country have been steadily revising downward their expectations for investment returns from a median discount rate of 8 percent in 2010 to 7.5 percent presently, according to the National Association of State Retirement Administrators. In response to Wednesday's decision, California Treasurer John Chiang said that "by...

  • *TPG, Cerberus, Thoma Bravo interested in bidding. TORONTO, Jan 27- Canada Pension Plan Investment Board and several U.S. private equity firms are interested in acquiring Canadian financial technology services provider DH Corp, according to people familiar with the situation. TPG, Cerberus Capital Management LP and technology-focused Thoma Bravo are some of...