BOSTON, Sept 8 - Hedge funds took in $8.3 billion in new money last month, according to preliminary data from BarclayHedge that suggests the industry is recovering after investors pulled out record amounts of cash...
Bank of China will launch the first yuan-denominated investment funds in Switzerland as Chinese investors expand their horizons and look to manage exchange rate risks. The yuan funds, to be invested in a range of global assets, will be among a batch of 24 funds denominated in different currencies...
Bank of China<601988><3988>, the nation's third-largest lender, is planning to raise money for 24 funds from overseas and domestic investors through BOC (Suisse) Fund Management, the Geneva-based entity that BOC established in November last year, the Wall Street Journal reported.It marks the first case of a...
China Development Bank, a state-controlled lender, said Tuesday that it has established an investment fund subsidiary in Beijing with a registered capital of RMB 35 billion to focus on private equity funds, direct investment and financial consultation. The wholly-owned subsidiary will support mergers and acquisitions...
*Plans 1 billion ringgit ($282.5 million) Islamic fund *Fund has been shortlisted by several govt pensions *Existing fund invests in five ASEAN markets *Says likes food, consumer and energy companies in ASEAN KUALA LUMPUR, Sept...
* Top hedge funds ramped up financial holdings in Q2 * Buys of BofA, JPMorgan fueled "worst is over" bets * Citi left out in Q2; Gold dumped (For other stories in this series on...
TOKYO, Sept 2 - Japanese retail-targeted mutual funds saw net inflows for the second month in a row in August due to strong inflows into foreign bond and hybrid funds, data from Nomura Research Institute...
* Says "no truth" to talk of hedge fund default * Cerberus hit hard by losses on Chrysler and GMAC NEW YORK, Sept 1 - Cerberus Capital Management LP on Tuesday dismissed market speculation that...
* 14 of 15 major hedge fund strategies to deliver at least average returns * Only three of 15 seen giving above average returns * Allocations and optimism grow towards fixed income LONDON, Sept 1...
China's fund sector realized a profit of RMB 642.48 billion in the first half of this year, due to a rebound in the country's stock market, a domestic newspaper reported.The figure is slightly lower than the RMB 680 billion the funds earned in the second half of 2007, when the Shanghai Composite Index hit a record high...