Fund
From Policy to Profit: How Retirees Can Use Life Settlements to Fund New Investments
For many retirees, the idea of selling a life insurance policy sounds unusual at first. After all, life insurance has long been viewed as a safety net for loved...
Morgan Stanley seeks to redeem cash from Jefferies’ Point Bonita fund, source says
[NEW YORK] Morgan Stanley’s asset management unit asked investment bank Jefferies to return some money it invested in the latter bank’s Point Bonita Capital fund, according to a person...
Top Singapore fund Lion Global wins with ‘forgotten’ small-caps
The company sees the small- and mid-cap strategy continuing to succeed over the longer term as well[SINGAPORE] Lion Global Investors’ strategy of investing in the shares of small and...
BBVA has 8 billion euros to fund mandatory bid for Sabadell if needed: CEO
A combined entity would become one of the largest lenders in Europe by assets, with about one trillion euros[MADRID/LONDON] BBVA has eight billion euros (US$9.4 billion) in capital for...
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 begun to abate[HONG KONG] Arrowpoint Investment Partners aims to raise...
China polysilicon firms plan 50 billion yuan fund to shut a third of industry capacity
[BEIJING] Chinese producers of polysilicon, a building block for solar panels, are in talks to create a 50 billion yuan (S$8.9 billion) fund to acquire and shut down roughly...
MAS’ S$5 billion investment fund set to lift undervalued, small-cap stocks: analysts
[SINGAPORE] Market reaction to the appointment of the first three asset managers to tap Singapore’s S$5 billion Equity Market Development Programme (EQDP) on Monday (Jul 21) has been largely...
Advanced Systems lodges police report over former execs’ alleged offences, unauthorised fund transfers
[SINGAPORE] Catalist-listed Advanced Systems Automation (ASA) has lodged a police report with the Singapore Police Force over potential offences committed by its ex-chief executive officer and a former director....
Advanced Systems lodges police report over ex-workers’ alleged offences, unauthorised fund transfers
[SINGAPORE] Catalist-listed Advanced Systems Automation (ASA) has lodged a police report with the Singapore Police Force over potential offences committed by its ex-chief executive officer and a former director....
