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Investing Institutional Investors

  • SYDNEY, Nov 1- Australia's increasingly protectionist stance is dissuading Chinese and other foreign investors from bidding in major asset sales, political and corporate advisers say, potentially reducing competition and hurting prices. The New South Wales state government's decision last month to accept a $12.5 billion offer from local pension funds...

  • LONDON, Oct 26- Lloyds Banking Group defied expectations on Wednesday of a squeeze on earnings after Britain's surprise vote to quit the European Union by reporting third-quarter profits largely unchanged from a year earlier. Britain's biggest mortgage lender, the first major British bank to report results that fully capture the period after the...

  • The influential state-run newspaper Global Times said late on Tuesday in its English-language edition that announcement from the Ministry of Human Resources and Social Security's decision to proceed with the plan has triggered concerns over the management of the pension funds. "Managing the pension could be a problem since the funds are currently in the...

  • College students in class, reading studying

    Investors from the elite world of foundations and endowments are now using exchange-traded funds to boost their market portfolios.

  • SYDNEY, Oct 20- Australia's New South Wales state government said on Thursday it has agreed to sell the country's biggest electricity network for A $16.2 billion to a pair of local pension funds, after Chinese and Hong Kong interests were rejected on security grounds. The offer from IFM Investors, which invests on behalf of 29 domestic superannuation funds, and...

  • Prime fund assets for institutional investors fell by $34.22 billion to $131.27 billion in the week ended Oct. 18, while institutional government-only fund assets rose by $21.9 billion to $1.57 trillion, according to the report, published by iMoneyNet. These SEC rules are aimed to safeguard the sector from the market turbulence such as that seen after the...

  • While pension fund managers across the country have cut exposure to overpriced, underperforming investments, the New York State Common Retirement Fund, the nation's third-largest public pension fund, has spent pension system funds chasing performance that continues to fall far short, said Maria Vullo, New York State Department of Financial Services...

  • Oct 17- New York's Department of Financial Services said on Monday that investment in high-cost underperforming hedge funds and non-transparent private equity funds had cost the State Common Retirement Fund $3.8 billion over the past eight years. The CRF is the investment arm of the New York State and Local Employees' Retirement System and the New York State...

  • LONDON, Oct 17- British businesses have shown little sign of creating fewer jobs or investing less as a result of growing pension liabilities but the rules governing such funds may need to be tweaked, Bank of England deputy governor Ben Broadbent said on Monday. Broadbent was speaking to a parliament committee which is investigating the future of ailing...

  • Andurand runs analysis on about 10,000 oil fields around the world and says that declining production by non- OPEC producers, such as the United States, and a gradual drop in the amount of oil in storage have persuaded him that this year's rally is here to stay. OPEC, which supplies roughly a third of the world's oil, last month unveiled plans to limit production to...

  • TOKYO, Oct 13- Toshiba Corp on Thursday said a group of investors had sued the company for 16.7 billion yen in damages over its false profit statements, the largest single claim of compensation over the accounting scandal so far. Toshiba said 45 mainly foreign institutional investors filed a lawsuit in the Tokyo District Court. Japan Trustee Services Bank filed...

  • Money in institutional prime funds, which can invest in riskier securities in addition to government debt, declined by $57.84 billion to $165.49 billion in the week ended Oct. 11. In the prior week, their assets fell by $122.30 billion, the largest single-week drop since Reserve Primary Fund's share value fell below $1 or "broke the buck" shortly after Lehman's...

  • Money in institutional prime funds, which can invest in riskier securities in addition to government debt, declined by $57.84 billion to $165.49 billion in the week ended Oct. 11. In the prior week, their assets fell by $122.30 billion, the largest single-week drop since Reserve Primary Fund's share value fell below $1 or "broke the buck" shortly after Lehman's...

  • ABUJA, Oct 7- Nigerian pension funds have been selling equities and shifting to local bonds despite cheap valuations as illiquid currency markets limit foreign participation in the stock market. Dave Uduanu, who manages 220 billion naira for Pension Alliance Limited, said his fund had cut its exposure to Nigerian stocks to 10 percent this year, from 20 percent...

  • NEW YORK, Oct 6- The Pimco Income Fund, overseen by group chief investment officer Dan Ivascyn, posted inflows of $1.2 billion in September, bringing total assets under management to $66 billion for the portfolio, according to Morningstar data on Thursday. The Pimco Income Fund, widely seen by investors and analysts as Pimco's new flagship fund, has brought in a...

  • Oct 6- Britain's SVG Capital accepted an offer from Goldman Sachs and the Canada Pension Plan Investment Board on Thursday, saying it gave shareholders a better return than a hostile bid from U.S. private equity rival HarbourVest. Boston- based firm HarbourVest launched its SVG bid on Sept. 12 at 650 pence a share, saying it was taking advantage of a weaker pound,...

  • Juenger: The downside of big media

    Top analyst Todd Juenger predicts a downturn in the big broadcast media sector, even in light of game-changers like the alleged Viacom-CBS merger.

  • NEW YORK, Oct 5- Assets of U.S. prime money market funds for institutional investors dropped more than $100 billion in the latest week, ahead of new regulations scheduled to go into effect next week, the Money Fund Report said on Wednesday. A number of institutional prime money funds have been converting to funds that own only U.S. government securities in an effort...

  • NEW YORK, Oct 5- Assets of U.S. prime money market funds for institutional investors posted a drop of over $100 billion in assets in the latest week as new regulations are scheduled to go into effect next week, the Money Fund Report said on Wednesday. A number of institutional prime money funds have been converting to funds that own only U.S. government securities in...

  • NEW YORK, Oct 4- Jeffrey Gundlach's DoubleLine posted a net inflow of $444.4 million into its open-end mutual funds in September, marking the Los Angeles- based firm's 32nd consecutive month of inflows. The $61.8 billion DoubleLine Total Return Bond Fund, the largest fund by total assets of the DoubleLine Funds, had a net inflow of $190.9 million in September, for a...