Business
Sovereign wealth funds, including Singapore’s GIC, drive biggest deals in US$3.5 trillion M&A year
Rainmakers at the top investment banks say they expect the flurry of takeovers to continue Deep-pocketed sovereign wealth funds are…
Tag
Funds
Business
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 UBS Group is increasing scrutiny of the sources of…
Business
Hedge funds are using options to bet on year-end US dollar gain
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…
Business
LG’s India IPO is said to attract Abu Dhabi, Norway, Singapore wealth funds
The South Korean company will start taking orders from public investors on Tuesday and is expected to be listed on local bourses on Oct 14…
Business
LG Electronics’ India IPO said to attract Singapore’s GIC, Abu Dhabi and Norway wealth funds
The South Korean company will start taking orders from public investors on Tuesday and is expected to be listed on local bourses on Oct 14…
Business
China is back on the radar of European pension funds, endowments
Chinese markets are booming on increased optimism over technology breakthroughs and the economy, as well as a shift out of the US European…
Business
China’s markets shed ‘uninvestable’ tag as global funds return
Money managers’ still-underweight positioning suggests ample room to build exposure Global money managers are venturing back into China…
Business
Income funds with higher yields as lower rates weigh on investors: Morningstar
Investors seeking steady income streams are reassessing their options as yields on Singapore Treasury bills (T-bills) plummet this year,…
Business
Fed funds rate seen edging higher within range as costs rise
The effective federal funds rate, which has held near the bottom of the US Federal Reserve’s target range for its benchmark over the past…
Fashion
CFDA/Vogue Fashion Fund’s Americans in Paris Returns With a Mix of Newbies and Alumni
The CFDA/Vogue Fashion Fund’s “Americans in Paris” will return to France’s capital city Oct. 4 and 5. This time, there will be 10 previous…
Business
Global funds cut holdings of Chinese bonds to lowest since 2021
Overseas investors also cut their exposure to negotiable certificate of deposits in August Overseas funds offloaded Chinese sovereign…
Business
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…
Business
Asia’s record stock rally may unravel as tariffs bite, funds say
The current levies include 34% on China, 50% on India, 19% on Indonesia and 15% on Japan The record-breaking rally in Asian stocks is set…
Business
Australian pension funds to expand use of forex hedging as size grows
Australian pension funds will have to expand the use of foreign exchange hedging as the sector is likely to grow in size to become the…
Business
Hedge funds slash bullish oil bets to lowest ever amid Opec hike
Hedge funds chopped their bullish position on US crude to the lowest on record as the Opec+ alliance’s latest decision to boost production…
Business
Singapore early-stage emerging tech startups see 14% rise in deal volume, but funds raised slip 8%
There were 56 deals in 2024, up from 49 a year ago, though funding raised dipped from US$402 million to US$371 million Singapore’s early…
Business
Hedge funds shift bets to double down on Big Tech amid AI boom
Wall Street’s largest hedge funds, Bridgewater Associates, Tiger Global Management and Discovery Capital, increased their exposure to Big…
Business
Keppel raises S$6.3 billion in private funds for education and data centre assets
Keppel has secured S$6.3 billion in funds under management so far this year for its private fund strategies, including education assets…
Business
Are sovereign wealth funds dumping Israeli investments?
The Norwegian government on Tuesday said it would review its sovereign wealth fund’s investment in Israel after the Scandinavian country’s…
Business
Top Singapore hedge fund Dymon Asia Capital ramps up Asia hires as regional funds find favour
US hedge fund giant Citadel and Singapore’s Dymon Asia Capital are adding talent in Asia, as they look to expand business in the region.…
Business
Emerging market funds adjust bets as ‘sell the dollar’ trade loses appeal
THE US dollar’s bounceback in July is convincing some emerging market investors to bet that it will keep rising in coming months. T Rowe…
Business
Hong Kong to let big funds secure bigger proportions of listings
Starting next week, the maximum percentage of shares that can be allocated to retail investors will be lowered to 35%, down from 50%…
News
Who is Shi Yongxin? China's Famous Shaolin Temple's 'CEO Monk' Under Investigation for Misuse of Funds and Misconduct
Shi Yongxin, the head of China's famous Shaolin Temple, is being investigated for criminal allegations. The allegations include the misuse…
Business
The rise and fall of New Silk Road, one of the longest-running hedge funds in Singapore
Investment management firm New Silk Road announced earlier in July that it will be closing its doors after a 16-year run in Asia. Based in…