Business
Millennium hedge fund spinoff Modular expands to Hong Kong
MILLENNIUM Management spinoff Modular Asset Management plans to expand to Hong Kong, the latest hedge fund arrival as the city tries to…
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Fund
Business
Germany needs €150bn fund to revamp infrastructure, chairman says
A Deutsche Bahn IC train departs Berlin Central Station as a new timetable for Deutsche Bahn and other rail operators takes effect. An…
Business
Blackstone’s infrastructure fund for individuals raises more than US$1 billion
BLACKSTONE is betting individuals will turn the firm into a bigger force in roads, ports and data centres. The alternative asset manager…
Business
Geopolitical conflicts cloud Singapore fund managers’ outlook for 2025: Imas survey
SINGAPORE fund managers are anticipating an escalation in geopolitical conflicts, which will leave a material impact on the global economy…
Business
Chinese exchanges ask big fund managers to restrict stock selling: sources
CHINA’S main stock exchanges asked some large mutual funds to restrict stock selling at the start of the year, three sources familiar with…
Business
Apollo targets US$25 billion for flagship private equity fund
APOLLO Global Management is readying what could mark its largest ever private equity fund. Apollo is looking to gather US$25 billion of…
Business
China mulls moving Cinda stake to sovereign wealth fund in weeks
THE Chinese government plans to transfer ownership in one of the nation’s biggest bad-debt managers to a unit of its sovereign wealth fund…
Business
In data: Better Cotton launches fund to drive India climate resilience, equality
The sustainability cotton initiative Better Cotton is launching a new fund in partnership with impact investment firm FS Impact Finance…