Business
New York City Pension Funds Seek to Pause Paramount-Skydance Merger
A group of New York City pension funds asked a judge in Delaware this week to issue an injunction that would pause the $8 billion…
Tag
Funds
Business
China starts pilot project allowing insurance funds to invest in gold
CHINA, the world’s biggest bullion consumer, will allow some of its insurance funds to buy gold for medium- and long-term asset…
Business
Citadel gives rare glimpse of US$57 billion gains from its largest funds
CITADEL offered a rare glimpse under the hood of its multistrategy funds during a lucrative period for the most profitable hedge fund firm…
News
Republican floats new bill to swap high-speed rail funds for wildfire aid
A Republican California state lawmaker has proposed diverting billions of dollars intended for high-speed rail to pay for water…
Business
China unveils plan to encourage insurance funds into stock markets
CHINA said on Wednesday (Jan 22) it will guide big state insurers and commercial insurance funds to increase investments in the A-share…
Business
Trendlines launches investigations into potential misappropriation of funds
AN EMPLOYEE of Trendlines Group was found to be potentially involved in a suspected misappropriation of funds from the accounts of the…
Business
Singapore Gulf Bank to raise funds, buy stablecoin payments firm
SINGAPORE Gulf Bank is seeking to raise at least US$50 million in a funding round and plans to acquire a stablecoin payments company next…
Business
CLI to invest up to A$1 billion to grow funds under management in Australia
CAPITALAND Investment (CLI) will commit up to A$1 billion (S$878 million) to grow its funds under management (FUM) in Australia, said the…
Business
China funds slash ETF fees, escalating price war in booming market
MAJOR Chinese fund companies announced a big reduction in fees for a batch of equity exchange-traded funds (ETFs) on Wednesday (Nov 20),…
Business
China tells local funds to stop buying LGFV bonds via Hong Kong link
CHINA has effectively banned domestic investors from buying offshore yuan bonds issued by local government financing vehicles through its…
Business
Crypto exchange OKX launches Singapore dollar funds transfer service for local customers
CRYPTOCURRENCY exchange OKX said on Monday (Nov 18) it would offer instant Singapore dollar-denominated deposits and withdrawals to…
Business
Hedge funds shorting Tesla just lost more than US$5 billion
SINCE Donald Trump’s election win, the hedge funds clinging on to bets against Tesla have lost billions of US dollars, as they feel the…