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Investing Securities

  • NEW YORK, Oct 19- The worst overall performance by U.S. small-cap fund managers in seven years is expected to spur a furious round of portfolio turnover in the last two months of the year intended to capture gains from top performing stocks. So we are still buyers of the dip, "said Thomas Lee, an analyst at Fundstrat Global Advisors. The issue of underperformance is...

  • LONDON, Oct 19- Gold rose on Wednesday as the dollar weakened and Treasury yields ticked lower amid uncertainty around the timing of a U.S. rate increase. Spot gold gained 0.6 percent to $1,270.11 an ounce at 0944 GMT. U.S. gold futures rose $9 to $1,271.80 an ounce.

  • *China Q3 GDP in line with market expectations. LONDON, Oct 19- The dollar index was subdued on Wednesday as Treasury yields ticked lower after U.S. consumer prices suggested underlying inflation was moderating, prompting investors to trim bets on an interest rate hike later this year. Against the yen, it was down 0.3 percent at 103.55 yen while the euro was...

  • TOKYO, Oct 19- Japanese government bonds were mostly little changed in thin trade on Wednesday, with the benchmark bond untraded, though prices in the superlong zone edged down slightly. The central bank offered to buy 400 billion yen of 1- to 3- year JGBs, 420 billion yen of 3- to 5- year JGBs, 190 billion yen of 10- r to 25- year JGBs and 110 billion yen of 25- to 40- year...

  • TOKYO, Oct 19- Japanese government bonds were mostly little changed in thin trade on Wednesday, with the benchmark bond untraded, though prices in the superlong zone edged down slightly. The central bank offered to buy 400 billion yen of 1- to 3- year JGBs, 420 billion yen of 3- to 5- year JGBs, 190 billion yen of 10- r to 25- year JGBs and 110 billion yen of 25- to 40- year...

  • LONDON, Oct 19- Euro zone bond yields were steady in early trade on Wednesday, as markets found a firmer footing after a sell-off that had pushed German yields to four-month highs earlier this week. Germany's benchmark 10- year Bund yield was flat at around 0.04 percent, holding below Monday's peak just above 0.1 percent following a recovery in Britain's gilt...

  • *FX hedging costs take shine off higher-yielding Treasuries. TOKYO, Oct 19- Japanese investors may soon be forced out of their U.S. debt investments as currency hedging costs soar on the prospect of higher interest rates and tougher U.S. money market regulations. Japan's conservative fund managers turned to higher-yielding foreign bonds, particularly...

  • NEW YORK, Oct 18- Foreigners sold U.S. Treasury department showed on Tuesday, with risk appetite improving as the fallout from Britain's exit from the European Union was viewed as less severe than expected. "Some of the selling pressure in Treasuries might have been less concern about Brexit issues, while stocks continued to see inflows," said Kim Rupert, managing...

  • *Investors focused on Fed policy. NEW YORK, Oct 18- The U.S. dollar was mildly weaker on Tuesday for the second straight day as investors took some profits from the greenback's recent strength and evaluated whether the Federal Reserve would to raise interest rates this year. "The dollar's gotten stronger as more people think the Fed will hike rates in December," said...

  • *Investors focused on Fed policy. NEW YORK, Oct 18- The U.S. dollar was mildly weaker on Tuesday for the second straight day as investors took some profits from the greenback's recent strength and evaluated whether the Federal Reserve would to raise interest rates this year. "The dollar's gotten stronger as more people think the Fed will hike rates in December," said...

  • *Investors focused on Fed policy. NEW YORK, Oct 18- The U.S. dollar was mixed in choppy trading on Tuesday as investors took some profits from the greenback's recent strength and evaluated whether the Federal Reserve is likely to raise interest rates later this year. "The dollar's gotten stronger as more people think the Fed will hike rates in December," said Marc...

  • Treasury yields fell on Tuesday in line with their U.K. counterparts on chances that parliament may have to ratify a British exit from the European Union, which reduced some bets that the U.K. would lose access to the single market. "The initial strength came from gilts," said Jim Vogel, interest rates strategist at FTN Financial in Memphis, Tennessee.

  • Oct 18- Calvert Investments said on Tuesday it overstated the value of some of its mutual funds for several years and agreed to settle the case with the U.S. Securities and Exchange Commission. Calvert said it would pay a $3.9 million civil penalty and reimburse affected shareholders as part of the settlement. Between March 18, 2008 and Oct. 18, 2011, Calvert...

  • CALVERT INVESTMENT MANAGEMENT AGREES TO SETTLE CASE IN WHICH SEC SAYS BOND HOLDINGS WERE MISVALUED FOR SEVERAL YEARS-STATEMENT.

  • NEW YORK, Oct 18- BlackRock Inc, the world's largest asset manager, reported better-than-expected quarterly profits on Tuesday, showing resilience in what has been a punishing market for fund managers. CEO Larry Fink nonetheless told Reuters his industry faces a "hostile" environment as investors migrate to products like index funds, which typically carry...

  • NEW YORK, Oct 18- BlackRock Inc, the world's largest asset manager, reported better-than-expected quarterly profits on Tuesday, showing resilience in what has been a punishing market for fund managers. CEO Larry Fink nonetheless told Reuters his industry faces a "hostile" environment as investors migrate to products like index funds, which typically carry...

  • LONDON, Oct 18- Global investors have raised cash holdings back to post-Brexit highs and cut bond allocations to 10- month lows, nervous that bond prices are at risk of a destabilising selloff, a Bank of America Merrill Lynch survey showed on Tuesday. The monthly survey of 213 fund managers with some $563 billion under management showed cash levels jumping to 5.8...

  • BOSTON, Oct 18- Top Fidelity stock picker Will Danoff beat the drum for big tech stocks in his latest quarterly commentary but stayed silent on the controversy surrounding Wells Fargo& Co, one of his top holdings. Danoff has a $2.7 billion bet on the embattled lender in his $108 billion Contrafund portfolio. The Boston- based fund is the third largest mutual fund...

  • *Investors focused on Fed policy. NEW YORK, Oct 18- The U.S. dollar was mixed in choppy trading on Tuesday as investors took some profits from the greenback's recent strength and evaluated whether the Federal Reserve is likely to raise interest rates later this year. "The dollar's gotten stronger as more people think the Fed will hike rates in December," said Mark...

  • *Investors focused on Fed policy. NEW YORK, Oct 18- The U.S. dollar was mixed in choppy trading on Tuesday as investors took some profits from the greenback's recent strength and evaluated whether the Federal Reserve is likely to raise interest rates later this year. "The dollar's gotten stronger as more people think the Fed will hike rates in December," said Mark...