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Capital Markets Asset Management and Custody Banks

  • EPS 98 cents vs. est. Lazard pocketed a market share of 10.7 percent, and ranked No. 9, for completed deals among major advisers globally, according to Thomson Reuters data. However, Lazard's operating revenue from M&A and strategic advisory rose more than 50 percent to $323 million in the second quarter ended June 30.

  • EPS 98 cents vs. est. Lazard pocketed a market share of 10.7 percent, and ranked No. 9, for completed deals among major advisers globally, according to Thomson Reuters data. However, Lazard's operating revenue from M&A and strategic advisory rose more than 50 percent to $323 million in the second quarter ended June 30.

  • LONDON, July 27- Hedge funds are some of the most important and dynamic participants in the oil market but public information on their positions and behaviour is severely limited. Money managers held long positions across the three major futures and options contracts linked to Brent and WTI totalling 771 million barrels on July 18, according to exchange and...

  • July 27- Financial advisory and asset management firm Lazard Ltd reported a 50 percent jump in quarterly profit on Thursday as it earned more from advising on deals. Net income attributable to the company rose to $120.39 million, or 91 cents per share, in the second quarter ended June 30, from $80.36 million, or 61 cents per share, a year earlier.

  • Activist hedge fund ValueAct Capital LP disclosed a stake of close to 5 percent in KKR in April, arguing the stock is still undervalued. KKR said that after-tax economic net income, which takes into account mark-to-market gains or losses in its investment portfolio, came in at 89 cents per share, up from 23 cents per share a year ago and more than the 67 cents per...

  • SYDNEY, July 27- Australia's largest pension fund, AustralianSuper, aims to expand its in-house management of equities and infrastructure investments, but has no plans to include private equity managers, Chief Executive Ian Silk said on Thursday. AustralianSuper plans to manage half of its A $120 billion equities, fixed income, infrastructure and property...

  • *Delegation allows UK- based firms to manage assets in Europe. LONDON, July 27- British-based investment firms' long-standing ability to manage billions of euros of assets elsewhere in Europe could be threatened by Brexit, new EU guidance suggests. Asset managers in London oversee funds worth 1.2 trillion euros in the EU- more than their peers in France, Germany...

  • SYDNEY, July 27- Australia's largest pension fund, AustralianSuper, plans to invest a greater share of its A $120 billion in funds offshore, with Asia set to become a greater focus, chief executive Ian Silk said on Thursday. Speaking at a Reuters Newsmaker event in Sydney, Silk also said the fund was being approached more by corporates interested in borrowing...

  • SYDNEY, July 27- Australia's largest pension fund, AustralianSuper, is interested in investing more in infrastructure projects at home but will avoid the energy sector given uncertainty over government policies. Chief Executive Ian Silk, whose fund manages A $120 billion, said government policy on energy right now was a "dog's breakfast" which was deterring...

  • The platform, called GS Select, will make loans of $75,000 to $25 million using borrowers' investment portfolios as collateral. To find customers, Goldman is partnering with Fidelity Investment's clearing and custody business, which caters to small brokerages and wealth management firms. Goldman is turning to third parties because as a Wall Street bank that...

  • SYDNEY, July 27- The head of Australia's biggest pension fund, AustralianSuper, expects state governments in the United States will cast aside parochial concerns and allow foreign funds to invest and fix up poor infrastructure there. Governments, including those in the United States and Australia, have been wary of foreign investment, frustrating plans by...

  • FRANKFURT/ LONDON, July 26- Deutsche Bank's planned listing of its asset management arm is unlikely before the first half of next year and could be later, as it wants more time to refine and sell the business's strategy to potential investors, people close to the matter said. Germany's largest lender announced plans to list the unit, including its main DWS retail...

  • FRANKFURT/ LONDON, July 26- Deutsche Bank's planned listing of its asset management arm is unlikely before the first half of next year and could be later, as it wants more time to refine and sell the business's strategy to potential investors, people close to the matter said. Germany's largest lender announced plans to list the unit, including its main DWS retail...

  • BOSTON, July 26- Hedge fund Third Point made a new bet on Chinese e-commerce firm Alibaba during the second quarter and told investors in a letter that it was still finding attractive new opportunities even as the stock market has surged this year. As part of Third Point's focus on international investments, Loeb also underscored his bets on European stocks...

  • July 26- Global banks have said they could move thousands of jobs out of Britain to prepare for Brexit, the country's planned exit from the European Union. The association expects 3,000 to 5,000 new jobs in Frankfurt over the next two years as a result of Brexit, its head Stefan Winter, of UBS, told German newspaper Welt am Sonntag in June. Bank of America became the...

  • Cramer's lightning round: I'm all in on this financial with great leadership

    Jim Cramer flies through his take on callers' favorite stocks at lightning speed, including one asset manager.

  • CNBC Mad Money Lightning Round

    Jim Cramer flies through his take on callers' favorite stocks at lightning speed, including one asset manager.

  • BlackRock's financials increased in Q2 but still missed estimates

    CNBC's Leslie Picker reports on asset manager BlackRock's quarterly earnings.

  • Daniel Ivascyn of PIMCO in 2012

    Bond firm Pacific Investment Management Co added longer-term U.S. Treasury securities to its portfolio this week.

  • Why central bankers are now seen are heroes

    Doug Peterson, president and CEO at S&P Global, speaks about the perception of central bankers and active vs. passive asset management.