Funds
Saudi wealth fund’s returns boosted by global markets rally
SAUDI Arabia’s sovereign wealth fund said returns rose last year driven by local investments and gains on its international portfolio.The Public Investment Fund’s (PIF) annualised returns since 2017 rose...
Hedge funds most bearish on commodities since at least 2011
Hedge funds are the most bearish on commodities prices in at least 13 years as fears of a deeper economic slowdown cast doubts on demand for everything from crude...
Private credit sells funds for small investors as big ones balk
Private credit firms are looking to get their share of an estimated US$178 trillion personal wealth market by offering individual investors what looks almost like a mutual fund.The product,...
Infrastructure funds seek value in fossil-powered gencos, nascent SE-Asia markets
Infrastructure’s steady yields are luring private capital investors to a space that was once almost exclusively the purview of institutional investorsTRADITIONAL power assets and nascent South-east Asian markets are...
MSCI launches 130 indices constructed from private-asset funds
MSCI has launched the MSCI Private Capital Indexes – 130 indices constructed from a range of private-asset funds with more than US$11 trillion in capitalisation. The indices include private equity,...
Hong Kong fund’s Fancl stake portends challenge to Kirin bid
INVESTORS are betting that Kirin Holdings will need to raise its offer price for Fancl to complete a proposed takeover, as concerns among shareholders that it’s undervaluing the Japanese...
Advice | Asking Eric: Warn friends that filmmaker soliciting funds is a grifter?
Dear Eric: We have a friend who fancies himself a filmmaker and has made several no-budget films. We have helped him out as performers and crew, and my husband,...
European stocks are seeing outsized moves as hedge funds drive trading
EUROPEAN companies are seeing outsized gains and losses in their shares when they report earnings, a Reuters analysis shows.This is a trend that has more to do with the...