funds
Crypto funds see inflows for first time in a month
DIGITAL asset investment products had positive inflows for the first time in a month after the prices of cryptocurrencies across the board dropped to their lowest levels in months.Crypto...
Hedge funds that piled into big Tesla short stung by huge rally
HEDGE funds piled into short bets against Tesla right before the electric vehicle (EV) maker unveiled a set of numbers that triggered a hefty share-price rally.About 18 per cent...
Investing GIC funds ‘not the solution’ to make Singapore’s equity market more attractive: Chee Hong Tat
DIRECTING Singapore’s sovereign wealth fund, GIC, to invest in locally listed companies is “not the solution” to improve the attractiveness of the Republic’s equity market, as doing so will...
UBS revamps how it sells private asset funds as demand booms
It will combine the bank’s fund selection of its Global Wealth Management division and its institutional asset management businessUBS Group is seeking to cement its position as top-five player...
South Korea kicks off 26 trillion won of chip loans, funds from July
SOUTH Korea will begin awarding aid to chipmakers from July, kicking off a 26 trillion won (S$25 billion) package of financial support pledged towards boosting a critical industry.Seoul will...
Hedge funds turn cautious on stocks even as Wall Street strategists get bullish
WALL Street strategists are rushing to raise their targets for the S&P 500 Index, but hedge funds are growing increasingly cautious about equities due to the Federal Reserve’s reluctance...
M&A-focused hedge funds lead the pack in May: Goldman Sachs
HEDGE fund managers making bets on mergers and acquisitions (M&A) outperformed those deploying other strategies with a return of 7.7 per cent in the first five months of 2024,...
UBS offers to redeem funds linked to 2021 Greensill collapse
UBS Group said it will give investors in Credit Suisse funds linked to the collapse of Greensill Capital a significant proportion of their money back, as the Swiss bank...
