BEIJING, Oct 24 - A Chinese fund management company has been issued a $1 billion quota by China's foreign exchange regulator under the country's Qualified Domestic Institutional Investor (QDII) scheme, the first such approval in...
* Managers of $500 mln Asia fund explore buyout - sources * Seeking outside investors to take stake in unit - source * Facing some redemptions requests for Asia fund - source (Adds detail on...
Wellington Management Co LLP, an asset manager and trust investment advisor to global institutions, recently cut its shareholding in Jiangsu Expressway Co Ltd<600377><0177> to 4.98% from the previous 5.09%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>. Information from...
Capital Research and Management Co, an investment arm of US-based Capital Group, recently cut its shareholding in Esprit Holdings Ltd<0330> to 8.99% from the previous 9.07%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>. Information from HKEx showed that Capital...
HANOI, Oct 20 - Vietnam's prime minister said on Tuesday that the dong's exchange rate would be managed flexibly next year to help revive its weakening exports and reduce the country's trade deficit. Nguyen Tan...
NEW YORK, Oct 15 - Former Goldman Sachs Group star hedge fund manager Mark Carhart, who departed last year after the Global Alpha fund he managed struggled, told Reuters on Thursday that he is starting...
Capital Research and Management Co, an investment arm of US-based Capital Group, recently cut its shareholding in Cafe de Coral Holdings Ltd<0341> to 4.95% from the previous 5.17%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>.Information from HKEx showed that Capital...
* Prosecutor says managers lied to save bonuses, reputation * Cioffi, Tannin on trial for fraud charges * Investors lost $1.4 billion early in Wall St crisis (Adds details from courthouse, background) NEW YORK, Oct...
* Investors lost $1.4 billion early in Wall St crisis * Hedge fund managers on trial for fraud charges NEW YORK, Oct 14 - Two former Bear Stearns Cos managers whose hedge funds collapsed early...
Airport authorities in Shanghai and Hong Kong signed a cooperation agreement on Monday to establish a joint venture to manage Hongqiao International Airport, sources reported.Shanghai Airport Authority has agreed to invest RMB 51 million for a 51% stake in the JV, while Airport Authority Hong Kong will hold the...