Unstructured Finance

Deals wrap: RBC offloads U.S. assets

June 20, 2011

PNC Financial Services Group will buy Royal Bank of Canada’s U.S. retail bank operations for $3.45 billion in cash and stock, making it the fifth largest bank in the United States. The WSJ gets some early reaction to the deal.

Gerard Fitzpatrick: Positive on global growth

March 29, 2011

Guest blogger Gerard Fitzpatrick is portfolio manager at Russell Investments, where he runs a $5 billion global bond fund.

Deals wrap: Conoco may double assets sale

March 23, 2011

ConocoPhillips, the third-largest U.S. oil company, said it might double its planned sale of less-desirable assets to $20 billion, with proceeds going to buy back stock.

Yen? Too late.

September 2, 2010

European investors have missed the boat if they wanted to adjust their portfolio to take advantage of a rising yen as the currency has peaked, says BNP Paribas Asset Management’s Hubert Goye.

Deals wrap: Seeking clarity on Fannie and Freddie

August 17, 2010

A foreclosed home is shown in Chicago June 29, 2010.   REUTERS/John Gress The Obama administration will pick the brains of housing finance leaders on how to fix Fannie Mae and Freddie Mac, but made one thing is clear: there is no going back to their pre-crisis structure. *View article

Edward Cartwright: New dawn for Japanese hedge funds

February 18, 2010

Edward Cartwright is head of business development at alternative investment manager LGT Capital Partners in London. The firm runs $18 bln in hedge fund and private equity assets.