Funds
Temasek, top funds bid in Swiggy’s US$1.1 billion share sale
The fundraising underscores the Indian e-commerce market’s rapid expansion amid surging demand[MUMBAI] Global investors, including Temasek Holdings and Capital Group, are offering to buy shares in Swiggy, according to...
CDL sells 14 billion yen Osaka hotel to Blackstone-managed real estate funds
The proposed divestment aligns with the real estate company’s capital recycling and portfolio optimisation efforts [SINGAPORE] City Developments Limited (CDL) is proposing to divest a hotel in Osaka, Japan,...
Making SGX small and mid-caps great again: MAS-appointed funds can lead the charge
Many of 240 such stocks neglected despite robust fundamentals; nine funds named so far under S$5b scheme to energise local equity could spark re-rating[SINGAPORE] Singapore’s 240 small and mid-cap...
The 10 top-performing ETFs on SGX in Q3; China funds dominate
[SINGAPORE] Singapore Exchange’s (SGX) third quarter recorded robust results on the exchange-traded fund (ETF) market, according to a report released by SGX on Tuesday (Oct 28). The market hit...
UBS tightens scrutiny of client funds mainly in Singapore and Hong Kong amid regulatory pressure: sources
The Zurich-based lender is using Deloitte and KPMG to help screen client documentation[SINGAPORE] UBS Group is increasing scrutiny of the sources of client money in its fast-growing Asian wealth...
Hedge funds are using options to bet on year-end US dollar gain
[SINGAPORE] Hedge funds worldwide look to be favouring the US dollar in the option market as they bet that the currency’s rebound versus most major peers will extend into...
Income funds with higher yields as lower rates weigh on investors: Morningstar
[SINGAPORE] Investors seeking steady income streams are reassessing their options as the yields on Singapore Treasury bills (T-bills) plummet this year, and the prospect of US interest rate cuts...
Openspace Ventures rebrands as Openspace Capital, launches two new funds
The equity growth offering seeks to tap MAS’ EQDP, while the private credit strategy presents companies with more options for capital[SINGAPORE] Venture capital firm Openspace Ventures has rebranded as...
