Business
Singapore’s GIC pulls US$250 million from hedge fund Jain Global: sources
Singapore’s sovereign wealth fund GIC has pulled cash from Jain Global, roughly 18 months after backing one of the biggest startups in…
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hedge
Business
Blackstone folds hedge fund seeding into US$60 billion business
SAF typically gives emerging managers locked-up startup capital in the region of US$150 million, in exchange for a cut of their revenue…
Business
GIC, Temasek revamp how they deal with hedge funds
APORE’S two largest state-owned investors are making major changes to the way they work with hedge funds, in moves that could affect…
Business
Gold’s bullish outlook makes it a core portfolio asset, not just a hedge, say panellists
The precious metal will likely continue to rally amid geopolitical uncertainty and central bank demand, observers say Gold is increasingly…
Business
Wealthy clients stocking up on Singapore equities to hedge against sliding greenback: BOS
The increase marks a sharp acceleration from the typical pace of growth in Singapore-focused allocations Allocations to Singapore dollar…
Business
Temasek-backed Fullerton pares China hedge fund operations, workforce: source
Fullerton Fund Management, backed by Temasek Holdings, has sharply scaled back its China private fund operations after years of struggling…
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
US hedge fund Verdad plans to launch new Japan small-cap fund
A gauge of smaller stocks has outperformed the broader Topix this year with a gain of 19%, compared to 14% for the index Boston-based…
Business
Morgan Stanley CIO favours 60/20/20 portfolio strategy with gold as inflation hedge
A 60/20/20 portfolio strategy that includes 20 per cent gold is a more resilient inflation hedge at a time when US equities are offering…
Business
Hedge fund Arrowpoint seeks US$400 million in new money by March
The performance and fund-raising plans stand out in a market where investors’ appetite for multistrategy, multimanager hedge funds has…
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
Ex-Goldman trader Qin Xiao starts Singapore hedge fund, gets US$1 billion allocation from Millennium
Qin Xiao, the former co-head of Goldman Sachs’ global commodities trading team, has won an allocation from Millennium Management for his…
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
For just US$1 million, wealthy investors can buy a stake in hedge fund Millennium
For just US$1 million, investors are being offered a slice of one of the world’s largest hedge fund firms. Goldman Sachs is offering…
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
Family office for Hong Kong’s richest builds out hedge fund team
A money manager for some of Hong Kong’s richest families is building a hedge fund team to allocate money away from private equity after…
Business
Citigroup hiring for Asia rates, prime teams on hedge fund flows
Citigroup plans to increase headcount in its Asia rates and prime businesses by 5 to 10 per cent over the next year to cope with booming…
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…
Business
One of Singapore’s longest-running hedge funds is shutting down on US investor pullback
[ One of Singapore’s longest-running hedge funds, New Silk Road Investment, is shutting down after weak returns and a pullback by US…
Business
US Federal Reserve split on whether to hedge on inflation, or proceed with cuts
The close split at the US Federal Reserve over whether to keep hedging against inflation risks or move forward faster with rate cuts came…
Business
BlackRock launches absolute return hedge fund for retail investors in Singapore and Hong Kong
BlackRock has launched an Asia-Pacific-focused hedge fund for retail investors in Singapore and Hong Kong, the world’s largest asset…
Business
Hedge funds reap cash from investors ‘starved’ of Japan exposure
Nick Bird’s OQ Funds Management opened a Japan quantitative hedge fund in September. Within weeks, it raised the maximum US$250 million…
Business
Singapore hedge fund Arrowpoint capitalised on May market turmoil
Singapore’s multi-strategy hedge fund Arrowpoint Investment Partners has made gains by exploiting market dislocations triggered by global…
Business
UBS to sell hedge fund unit O’Connor to Cantor Fitzgerald
The deal includes “O’Connor’s six investment strategies” with about US$11 billion in assets under management Group’s asset management…