Culture
Morgan Stanley seeks to redeem cash from Jefferies’ Point Bonita fund, source says
Morgan Stanley’s asset management unit asked investment bank Jefferies to return some money it invested in the latter bank’s Point Bonita…
Tag
Fund
Culture
Top Singapore fund Lion Global wins with ‘forgotten’ small-caps
The company sees the small- and mid-cap strategy continuing to succeed over the longer term as well Lion Global Investors’ strategy of…
Culture
Two Australian pensions confirm merger to form A$235 billion fund
Aware Super, one of Australia’s largest pensions, confirmed plans to merge with smaller rival TelstraSuper to form a A$235 billion (S$201…
Culture
Fullerton launches first retail fund under MAS’ S$5 billion equity initiative
It is offered as a collective investment scheme to retail, accredited and institutional investors in Singapore and selected international…
News
Here’s What Trump’s Offering People Who Help Fund His New Ballroom
Attorney and commentator Norm Eisen—who runs one such group, Democracy Defenders Action—has circulated a draft open letter, titled “An…
Culture
Octave Capital launches US$75 million ocean-focused impact fund with Katapult Ocean
The fund will look into supporting relevant startups in the Asia-Pacific, as well as companies from elsewere looking to expand into the…
Culture
Indonesia sovereign wealth fund INA targets data centres, AI in healthcare, renewables
The Indonesia Investment Authority (INA) is prioritising digital infrastructure, healthcare and renewables as the sovereign wealth fund…
Culture
TVM Capital Healthcare announces first close of US$150 million South-east Asia Fund
Investor commitments to the fund include institutional investors and cornerstone investor Invest International, which was founded by the…
Culture
Nio plans US$1 billion share sale to fund EV growth
The Shanghai-based EV maker will sell as many as 181.8 million new shares at HK$42.86 to HK$44.46 each Chinese electric-vehicle maker Nio…
Culture
mm2 Asia scraps stake sale; PE fund to take 29% of Vividthree stake in direct share deal instead
As a result of the new share placement, controlling shareholder mm2 Asia’s stake in Vividthree will be diluted to 23% Vividthree Holdings…
Culture
BlackRock loses US$17 billion mandate at Dutch pension fund PFZW
BlackRock has lost a mandate worth US$17 billion with one of the largest pension funds in the Netherlands, amid concerns the world’s…
Culture
HSBC AM joins peers with private equity fund targeting wealthy
HSBC Holdings’ asset management (AM) arm is launching a private equity strategy targeting wealthy clients, the latest move by a major…
Culture
MUFG to launch 100 billion yen Japan real estate fund
The new fund is the latest in a run of Japanese property fund launches this year, as real estate prices climb and the central bank looks…
Culture
Thailand’s 1.47t baht fund sees gold, equities boosting returns
LAND’S Government Pension Fund (GPF) expects gold, commodities and a rally in global equities to drive a recovery in its returns after a…
Beauty
The Inaugural Franca Fund Gala Will Take Place This November in Doha
There is a new addition to the 2025 gala calendar: This November in Doha, filmmaker and photographer Francesco Carrozzini, Her Excellency…
Culture
Ex-Goldman trader Qin Xiao starts Singapore hedge fund, gets US$1 billion allocation from Millennium
Qin Xiao, the former co-head of Goldman Sachs’ global commodities trading team, has won an allocation from Millennium Management for his…
Business
UK warns Sally Rooney after novelist pledges to fund Palestine Action
The government of the United Kingdom has warned Irish novelist Sally Rooney against funding Palestine Action after she pledged support to…
Culture
China stocks rally to decade-high on easing tariff tensions, fund rotation
China stocks closed at their highest level since 2015 on Monday (Aug 18), extending a months-long rally driven by easing trade tensions…
Culture
For just US$1 million, wealthy investors can buy a stake in hedge fund Millennium
For just US$1 million, investors are being offered a slice of one of the world’s largest hedge fund firms. Goldman Sachs is offering…
Culture
Norway’s US$1.9 trillion wealth fund returns 5.7% in H1
Norway’s sovereign wealth fund returned 5.7 per cent and slightly missed its target in the first six months of 2025. The US$1.9 trillion…
Culture
China polysilicon firms plan 50 billion yuan fund to shut a third of industry capacity
Chinese producers of polysilicon, a building block for solar panels, are in talks to create a 50 billion yuan (S$8.9 billion) fund to…
Culture
Family office for Hong Kong’s richest builds out hedge fund team
A money manager for some of Hong Kong’s richest families is building a hedge fund team to allocate money away from private equity after…
Culture
Advanced Systems Automation’s ex-CEO says fund transfers were for unpaid salaries
Catalist-listed Advanced Systems Automation (ASA) on Thursday (Jul 24) said that its former chief executive claimed that cheques for more…
Beauty
Adaptive Fashion Took Center Stage at This Year’s CFDA/Vogue Fashion Fund Challenge
This year’s CFDA/Vogue Fashion Fund introduced a powerful new focus: adaptive fashion. The concept was unveiled last night during the…