Reuters - Money

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Tuesday, September 19, 2017

Sale of ex-Trump aide Scaramucci's SkyBridge on track: executive

BOSTON (Reuters) - The sale of former White House communications director Anthony Scaramucci's SkyBridge Capital LLC hedge fund investment firm to a consortium that includes a Chinese buyer is still on track, with the closing date expected in late September, the firm's chief investment officer said on Monday.

Goldman Sachs names new investment banking co-heads for Southeast Asia

(Reuters) - Goldman Sachs named Udhay Furtado and Harry Naysmith co-heads of its investment banking unit in Southeast Asia, according to an internal memo seen by Reuters.

Fewer hedge fund managers call it quits in 1st-half 2017

BOSTON (Reuters) - The number of hedge funds closing their doors this year is slowing as investors add new money and performance improves.

Institutional portion of ZhongAn's HK IPO oversubscribed: sources

HONG KONG (Reuters) - ZhongAn Online Property and Casualty Insurance Co, China's first internet-only insurer, has covered the institutional tranche of its up to $1.5 billion initial public offering (IPO) multiple times over, sources close to the deal said on Monday.

Top U.S. funds took slightly tougher stand on pay, review finds

BOSTON (Reuters) - Top U.S. asset managers took a slightly tougher line on executive pay in the advisory votes they cast at S&P 500 companies this year, a research firm said on Monday.

U.S. pensions stuck in the red despite stock market boom

NEW YORK (Reuters) - While U.S. corporate pensions regained some swagger after Wall Street’s record run this summer, they are still far from their heyday before the 2007-2009 credit crunch when they appeared to be in great shape to meet retirement obligations.

MSCI names Jeremy Baskin as head of Americas client coverage

(Reuters) - U.S. index provider MSCI Inc on Monday named Jeremy Baskin as head of client coverage in the Americas, replacing Jay McNamara.

Macquarie strengthens European research team

(Reuters) - Australian investment bank Macquarie Group Ltd hired analysts Grant Sporre, Serafino Capoferri, Domenico Santoro and Robert Sage to strengthen its European research team.

Citi names co-heads for EMEA trade business

(Reuters) - Citigroup Inc named Peadar MacCanna and Murat Demirel as trade co-heads for its treasury and trade solutions (TTS) business in Europe, Middle East and Africa (EMEA).

Credit Suisse looks to make an impact with new investment wing

ZURICH (Reuters) - Credit Suisse has set up a new department to nurture socially conscious investing, the latest effort by a major bank to cater for growing demand for so-called impact investing.