funds
UBS shuts some China private funds, will lay off staff: sources
HONG KONG, April 18 (Reuters) - UBS is shutting down some of its China private funds business and will lay off one-third of the staff as the Swiss bank...
US Funds Risky Bird Flu Research, Creating Lethal Strains of Virus with China: Concerns Rise Over Pandemic Origins
The US government has earmarked $1 million from American taxpayers to fund research on potentially dangerous bird flu viruses, collaborating with scientists from China. The research involves infecting ducks...
War insurance may attract more funds despite heightened risk, says underwriter
THE appetite for insurance that provides cover against damage resulting from acts of war or terrorism could grow bigger amid rising geopolitical tensions because people see money to be...
Toyota puts US$300 million into VC funds for climate, science startups
TOYOTA Motor is putting US$300 million into its venture arm to back early startups focused on climate and so-called frontier technologies in areas like carbon capture, AI and space...
HSBC helps funds navigate India’s bond market as inclusion nears
HSBC Holdings is engaging with over 200 overseas funds to help establish their presence in India ahead of the nation’s entry into global debt indexes.The bank is among custodians...
Cocoa hits record even with hedge funds least bullish since 2022
MONEY managers have slashed their bullish bets on cocoa to the lowest in 17 months, a sign that commercial traders have played a key role in the rally that...
Panasonic to sell autos business to Apollo Global-managed funds
JAPAN’S Panasonic said on Friday (Mar 29) it will sell its entire stake in Panasonic Automotive Systems (PAS) to funds managed by US private equity firm Apollo Global Management,...
China securities regulator launches inspections of mutual funds
CHINA’S securities regulator has launched onsite inspections of some mutual fund companies as part of efforts to strengthen management of the industry, unnerving fund managers. The securities watchdog, under...
