Investing Securities

  • U.S.-BASED MONEY MARKET FUNDS POST $20.8 BLN OUTFLOWS OVER WEEKLY PERIOD, AFTER $3 BLN OUTFLOWS THE WEEK BEFORE- LIPPER.

  • U.S.-BASED TAXABLE BOND FUNDS ATTRACT $4.2 BLN OVER WEEKLY PERIOD; SECOND STRAIGHT WEEK OF INFLOWS- LIPPER.

  • A spokeswoman for the SEC declined to immediately comment. Last year, Deutsche Bank agreed to pay $55 million to the SEC to settle claims that it ran afoul of U.S. securities laws because of the bank's "inadequate internal accounting controls" related to the valuation of complex derivatives, the SEC had said. But the Deutsche executives went unpunished because of...

  • A statue is seen next to the logo of Germany's Deutsche Bank in Frankfurt, Germany.

    Deutsche Bank's whistleblower has declined the SEC's multi-million dollar reward, the Financial Times reported.

  • *U.S. sells $14 bln 5- year TIPS supply at negative yield. NEW YORK, Aug 18- U.S. It's about a rate hike, not a rate-hike campaign, "said Matt Toms, head of public fixed income at Voya Investment Management in Atlanta.

  • $14 bln in 5- year TIPS supply seen fetching negative yield. NEW YORK, Aug 18- U.S. It's about a rate hike, not a rate-hike campaign, "said Matt Toms, head of public fixed income at Voya Investment Management in Atlanta.

  • AMSTERDAM, Aug 18- The average annual management charge rate paid by European investors to their mutual fund manager fell more than 8 percent over the last three years, investment research firm Morningstar said in a report. Fees varied significantly by country, with investors in Italy and Belgium paying on average 1.42 percent and 1.47 respectively, while...

  • SHANGHAI, Aug 18- The Shanghai city government is weighing an issue of up to 5 billion yuan of municipal debt in its free trade zone, according to a notice on the zone's website, kickstarting a long-anticipated offshore renminbi bond market there. Media have previously reported that Shanghai was exploring the possibility of such an issue in early August,...

  • *Net cash flows A $582 mln vs A $1.2 bln a year ago. SYDNEY, Aug 18- Australia's top fund manager AMP Ltd posted a 10 percent drop in underlying profits on Thursday as it faces regulatory pressures, stiffer competition and heightened market volatility that threatens to hurt earnings growth. AMP Chief Executive Craig Miller partly blamed a lack of clarity on pension...

  • TOKYO, Aug 18- Japanese government bond prices rose on Thursday, lifted by a weaker Nikkei and firmer U.S. The debt market was also buoyed after it witnessed steady investor demand at an auction for five-year government bonds. The bid-to-cover ratio, a gauge of demand, at the 2.4 trillion yen five-year sale rose to 3.57 from 3.45 at the previous auction in July.

  • Aug 18- For other diaries, please see: Top Economic Events Polling unit diary Today in Washington Political and general news. DATE TIME COUNTRY AMOUNT AUCTION DETAILS. 18 August Japan 3- month discount bill auction 18 August Japan Auction of 5- year Government Bonds.

  • *Robo-advisory seen surging to $900 bln AUM in China by 2020. Although still in its infancy, assets under management of robo-advisors in China are expected to balloon to 6 trillion yuan by 2020, according to China Merchants Securities estimates, underscoring the potential for growth in an industry that was non-existent until recently. Kearney estimates for...

  • NEW YORK, Aug 17- Managers of BlackRock Inc's largest mutual fund are warning that U.S. stocks may "disappoint" investors, a company note showed on Wednesday, arguing for a shift to Japanese stocks as one of the few markets offering a bargain. Nearly 10 percent of the $45 billion BlackRock Global Allocation Fund was made up of Japanese stocks, as of July 29, about double...

  • Aug 17- Combine the standard hedge fund compensation model with the reality of declining fund performance as assets under management increase and you have a whopping conflict of interest. Unlike mutual funds, hedge funds typically get an incentive fee, usually 20 percent of profits, in addition to a 1 or 2 percent annual management fee. In other words, the...

  • *Wall Street stocks close higher after Fed statement. NEW YORK, Aug 17- Wall Street stocks turned positive while the dollar edged lower on Wednesday after minutes from the Federal Reserve's July meeting showed policymakers may be on the road to raising U.S. interest rates but will need to see more economic data before pulling the trigger. But the timing of that is...

  • Nearly 10 percent of the $45 billion BlackRock Global Allocation Fund is made up of Japanese stocks, as of July 29, about double the 5 percent held by its benchmark, a BlackRock website showed. "During the month of July, we added to Japanese equities as we view the reappointment of Shinzo Abe's coalition combined with attractive valuations and corporate...

  • NEW YORK, Aug 17- U.S. The Fed's minutes from its July 26-27 meeting came after comments by two policymakers, New York Fed President William Dudley and Atlanta Fed chief Dennis Lockhart on Tuesday, which rekindled bets the Fed may raise interest rates by year-end if the economy improves further. "They want to move, but they are clinging to this data-dependent theme,"...

  • NEW YORK, Aug 17- U.S. The Fed's minutes from its July 26-27 meeting came after comments by two policymakers, New York Fed President William Dudley and Atlanta Fed chief Dennis Lockhart on Tuesday, which rekindled bets the Fed may raise interest rates by year-end if the economy improves further. "They want to move, but they are clinging to this data-dependent theme,"...

  • NEW YORK, Aug 17- BlackRock Inc's Global Allocation Fund has been adding to its bet on the Japanese stock market, a company note said on Wednesday, calling it one of the few markets to offer a bargain and warning that U.S. stocks may disappoint. "During the month of July, we added to Japanese equities as we view the reappointment of Shinzo Abe's coalition combined with...

  • A Russian Soyuz 2.1a rocket carrying Lomonosov, Aist-2D and SamSat-218 satellites lifts off from the launch pad at the new Vostochny cosmodrome outside the city of Uglegorsk

    New stock issuances have lagged in 2016, but that is expected to change in the third and fourth quarters.