Funds
Investing GIC funds ‘not the solution’ to make Singapore’s equity market more attractive: Chee Hong Tat
DIRECTING Singapore’s sovereign wealth fund, GIC, to invest in locally listed companies is “not the solution” to improve the attractiveness of the Republic’s equity market, as doing so will...
Hedge funds turn cautious on stocks even as Wall Street strategists get bullish
WALL Street strategists are rushing to raise their targets for the S&P 500 Index, but hedge funds are growing increasingly cautious about equities due to the Federal Reserve’s reluctance...
UBS offers to redeem funds linked to 2021 Greensill collapse
UBS Group said it will give investors in Credit Suisse funds linked to the collapse of Greensill Capital a significant proportion of their money back, as the Swiss bank...
US government returns US$156 million worth of 1MDB funds to Malaysia
THE US Department of Justice (DOJ) said that it has returned an additional US$156 million in misappropriated 1MDB funds to Malaysia, a month after the South-east Asian nation sought extra compensation...
Chip stocks lose shine as hedge funds snap up software instead
HEDGE funds made an about-face last week dumping semiconductor stocks – beneficiaries of the artificial intelligence (AI) boom – while snatching up software.Fund managers net sold US technology stocks...
Rebound in China stocks sparks rush among companies to raise funds
CHINESE companies are rushing to take advantage of a recent equities rebound to raise funds, using what may be a narrow window before the market falters again.
Mining company...
Australian pension funds eye niche private debt to boost returns
AUSTRALIA’S pension giants are looking to expand their private credit exposure to some nascent products, as the cash-flushed industry hunts for ways to diversify portfolios and boost returns. AMP,...
Olympian Mary Lou Retton Responds to Backlash Over Her Daughters Crowdsourcing Her Medical Funds – E! Online
Mary Lou Retton thinks her family deserves a gold medal. The Olympian defended her daughters' decision to start a crowdsourcing fund to pay for the medical bills she accrued while...
