By Sun Zhe Three major State-owned banks were approved to invest in exchange-traded funds by the China Banking Regulatory Commission (CBRC) Thursday. The applications of Bank of Communications and China Construction Bank have also been approved by the Shanghai Stock Exchange, while that of the I...
SYDNEY, Nov 12 - The Papua New Guinea government is considering establishing a sovereign wealth fund to manage an estimated $50 billion in future state income from a liquefied natural gas project being led by...
* Bond fund has over 45 percent exposure to emerging, high yield * Slashes allocation to U.S. mortgage-backed securities * Thinks inflation will quickly surprise on upside LONDON, Nov 9 - Schroders has hiked exposure...
BOSTON, Nov 6 - Snapping a seven-month long winning streak, the average hedge fund posted small losses in October but still beat the broader stock market, which lost more ground, data released on Friday show....
* Euro HF managers say investors want onshore funds * Investors seek more protection post Madoff/Lehman * Luxembourg to benefit from flight to quality * Luxalpha case to test regulator's commitment GENEVA, Nov 6 -...
HONG KONG, Nov 6 - Global fund flows into equities fell in the week ended Nov. 4 as policymakers shifted focus to unwinding stimulus measures, while unemployment continued to rise, making investors question what will...
BOSTON, Nov 5 - Just when things were starting to look up for hedge funds after a rough 2008, a mushrooming insider trading scandal could prompt investors to start pulling money out again. The trading...
* Fund is overweight on cement, underweight on HK banks * Adopts neutral stance on Hong Kong property * Expects markets to consolidate, sees stocks at "fair value" HONG KONG, Nov 5 - U.S. fund...
TAIPEI, Nov 5 - Natixis Global Asset Management, one of the world's top 20 fund firms, said it expects Taiwan's offshore fund market to grow 15 to 20 percent next year from about $65 billion...
MELBOURNE, Nov 5 - Two Canadian pension funds said on Thursday they had offered A$5.25 a share in a rejected offer to buy out Australian toll road operator Transurban Group <TCL.AX>. See [ID:nSYD544423] for a...