Business
Trust Fund Baby? Here's How to Actually Set One Up
Trust funds might sound like something only the super-rich deal with, but they’re actually a smart way for any parent to plan for their…
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Germany needs €150bn fund to revamp infrastructure, chairman says
A Deutsche Bahn IC train departs Berlin Central Station as a new timetable for Deutsche Bahn and other rail operators takes effect. An…
Business
Geopolitical conflicts cloud Singapore fund managers’ outlook for 2025: Imas survey
SINGAPORE fund managers are anticipating an escalation in geopolitical conflicts, which will leave a material impact on the global economy…
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FashionValet founders charged after sovereign wealth fund loss
MALAYSIAN prosecutors charged the founders of a local online fashion retailer over the alleged misuse of funds invested in their company…
Business
Keppel DC Reit unveils S$1-billion unit placement, preferential offer to fund purchase of data centres
THE manager of Keppel DC Reit plans to launch an equity funding exercise to raise gross proceeds of about S$1 billion, it announced on…
Business
BlackRock targets money-market fund business in new ETF push
BLACKROCK is throwing its weight behind an early push to bring exchange-traded funds (ETFs) to money-market investors. The…
Business
Soros Fund Management to shut Hong Kong office in rejig
SOROS Fund Management, founded by billionaire George Soros, plans to shut its Hong Kong office as part of an administrative…
Business
BlackRock readies US$1.3 billion private credit continuation fund
BLACKROCK is setting up a private credit loan fund that will allow it to raise as much as US$1.3 billion it can distribute to existing…
Business
Malaysia orders sovereign fund audit on loss-making venture
Malaysian Prime Minister Anwar Ibrahim ordered sovereign wealth fund Khazanah Nasional Berhad to carry out an internal audit to…
Business
Japan’s largest pension fund GPIF has worst loss since 2020
JAPAN’S government Pension Investment Fund (GPIF) posted its biggest quarterly loss since 2020 as a rebound in the yen erased gains on…
Business
Hong Kong family office partners with top China fund to target the rich
ONE of Hong Kong’s biggest property agencies is ramping up its family office business by partnering with China’s No 2 mutual fund to push…
Business
Equity mutual fund inflow marks 10% decline to Rs 34,419 cr in Sep
Additionally, large-cap funds saw drop in inflows to Rs 1,769 crore. 2 min read Last Updated : Oct 10 2024 | 4:01 PM IST Equity mutual…
Business
Adani group seeks $1 bn funding from sovereign fund for airport expansion
2 min read Last Updated : Oct 10 2024 | 1:11 PM IST The Adani Group is in advanced discussions with a Middle Eastern sovereign fund to…
Business
Saudi fund trims Nintendo stake after saying it wants more
Its ownership in the company falls to 7.54% from 8.58%, a filing to Japan’s finance ministry shows SAUDI Arabia’s sovereign wealth fund…
Business
Northern Arc aims to raise Rs 1,000 cr through alternate investment fund
The AIF is targeting to invest in 45-55 entities across its four-year cycle. | Representative Picture 2 min read Last Updated : Oct 07…
Business
Inflexor Ventures aims to raise Rs 1,200 cr-1,700 for third funding fund
Premium venture capital industry has experienced multiple cycles over the years and the most recent boom in 2021-22 was fueled by high…
Business
Deal reached in feud between California news outlets and Google: $250 million to support journalism but no new law
SACRAMENTO — California lawmakers intend to shelve legislation that would have required Google to pay news outlets for distributing their…