Funds
Next generation of ultra-rich to spur take-up of donor-advised funds: Citi
[SINGAPORE] The next generation of ultra-high-net-worth (UHNW) individuals will likely boost the uptake of donor-advised funds (DAFs) to meet their philanthropic needs.
Karen Kardos, head of philanthropic advisory at Citi...
More funds and products expected, as market awaits details about Singapore’s S$5 billion equities push
Analysts see MAS’ initiative as positive step, but add that factors such as investor protection and governance, proper understanding of the scope of the measures are also important[SINGAPORE] The...
Retail investors likely to face higher fees and less transparency in private market funds
Market players welcome MAS’ proposal to broaden access to private assets, caution investors to note differences with publicly traded investments[SINGAPORE] Retail investors looking to diversify their portfolios from the...
South Korea short-selling resumption set to entice global funds
As South Korea prepares to lift a 17-month ban on short selling, market watchers are expressing confidence that long-term benefits from the resumption of the popular trading practice will...
Hedge funds burned by Tesla short bets plot next steps
[NEW YORK] Hedge funds whose short positions against Tesla backfired badly after the Nov 5 election are watching the latest sell-off from the sidelines, for fear of being burned...
Chocolate Finance says customers have started receiving funds; raises debit card spending cap to S$1,000
[SINGAPORE] Customers of financial services platform Chocolate Finance have begun receiving their funds, four days after instant withdrawals were put on hold due to high demand.The payouts come as...
Court Orders Case Against Arvind Kejriwal Over Alleged Misuse Of Public Funds
New Delhi: In a fresh setback for Arvind Kejriwal, who is out on bail in a case related to the alleged Delhi liquor policy scam and lost the Delhi...
Macro funds’ options trades are increasingly ditching the US dollar
MACRO hedge funds are increasingly seeking currency option trades that exclude the US dollar as they navigate the market turbulence stemming from worries about the US economy. Trades involving...
