Manager Moves & Views
U.S. mutual funds prefer safety to opportunity
BOSTON (Reuters) - U.S. mutual fund managers aren't flocking towards equities and remain cool towards bonds, despite U.S. stocks slipping into bear market territory. Full Article
Calpers governance chief takes helm at activist fund
SAN FRANCISCO (Reuters) - After three years overseeing $7 billion in corporate governance investments at the largest U.S. pension fund, Dennis Johnson said on Thursday he is resigning to manage money for a private fund manager for the Disney family. Full Article
Barclays Capital Asia CFO to quit
SINGAPORE (Reuters) - Barclays Capital's chief financial officer in Asia, Peter McNulty, is leaving after more than six years in the job, banking sources told Reuters on Wednesday. Full Article
More Manager Moves & Views
UK funds cut stocks to year low
LONDON (Reuters) - British fund managers cut equity holdings to a 12-month low and raised bonds in June and said it was still too early to buy battered financial stocks as markets sank on fears of further writedowns. Full Article
ING Real Estate ups UK but sees U.S. sell-off
LONDON (Reuters) - ING Real Estate, the world's biggest real estate fund firm, has begun buying back into UK property because it looks cheap but has cut U.S. exposure as it sees prices falling further, a senior executive told Reuters. Full Article
Credit Suisse fund shuns commodities
LONDON (Reuters) - Credit Suisse's UK thematic fund is shunning red-hot commodity stocks, preferring instead to buy conservatively run companies with strong balance sheets and firms that gain from climate change and security issues. Full Article
Ashmore "special situations" fund goes private equity
LONDON (Reuters) - Distressed debt in emerging markets is now harder to find than in developed economies, asset manager Ashmore says, but its "special situations" funds see good growth in emerging private equity. Full Article
Halbis sees China stocks fall post-Olympics
LONDON (Reuters) - Chinese stocks will see further volatility this year with a sharp fall likely after the Olympics in August but their long-term prospects remain intact on rising domestic consumption and continued infrastructure investment, said a fund manager for HSBC's asset management arm. Full Article
Aberdeen says Asian shares not yet at bargain levels
HONG KONG (Reuters) - High-profile Asian fund manager Hugh Young admits to feeling a sense of vindication after watching Asian markets lose more than a quarter of their value since last November. Full Article
CAAM says Brazil best Latin American bet
HONG KONG (Reuters) - Investors betting on Latin America should be overweight Brazil, the region's top economy, at the expense of exposure to Argentina, Mexico and Chile, a Credit Agricole Asset Management (CAAM) executive said on Monday. Full Article
| Symbol | Bid | Ask |
|---|---|---|
| BRENT CRUDE | $0.00 | $0.00 |
| MINI GOLD | $0.00 | $0.00 |
| MINI SILVER | $0.00 | $0.00 |
