Fund
Goldman sells significant risk transfer bond tied to US$2 billion of private fund loans
GOLDMAN Sachs is selling a bond that will help it offload risk from a portfolio of about US$2 billion of loans, according to sources with knowledge of the matter.The...
Intel to cut thousands of jobs to reduce costs, fund turnaround
INTEL plans to eliminate thousands of jobs to reduce costs and fund an ambitious effort to rebound from an earnings slump and market share losses.The workforce reduction may be...
MAS raps registered fund manager, its CEO for not complying with regulatory requirements
THE Monetary Authority of Singapore (MAS) has reprimanded registered fund manager RVP One and its chief executive for breaching the Securities and Futures (Licensing and Conduct of Business) Regulations....
Mizuho fund to invest in Japan’s popular but cash-needing anime
JAPAN’S low-budget animation films are becoming popular worldwide. Mizuho Securities hopes to cash in on that by boosting financing for the sector.The Tokyo-based brokerage is starting an investment fund...
China’s central bank uses hedge fund tactic to tame bond bulls
CHINA’S central bank is readying a bold new experiment in global monetary policy – taking a leaf out of the hedge fund playbook and arranging to short-sell bonds.As President...
Music catalog fund Hipgnosis sold to Blackstone
SHAREHOLDERS of Hipgnosis Songs Fund, which in recent years made waves by helping popularize music rights as an asset class, have voted to accept a US$1.6 billion takeover from...
Asia Impact First Fund leads S$2 million funding in social enterprise The Gentle Group
THE Gentle Group, a Singapore-based social enterprise founded in 2017, has bagged a S$2 million investment from the Asia Impact First Fund (AIFF) and Seeds Capital, which is the...
Australia’s largest pension fund shifts to equities
AUSTRALIANSUPER, the country’s largest pension fund, is shifting money into equities on the expectation that artificial intelligence will fuel further gains in tech stocks. The A$335 billion (S$305 billion)...
