• Mon
  • Sep 22, 2014
  • Updated: 5:58pm

Hedge Fund

Son-in-law of Chinese vice-premier sets up Hong Kong fund

Vice-Premier Wang Yang's son-in-law recently launched a Hong Kong-based hedge fund focused on mainland equities, joining a growing number of young family members of top officials who have set up asset management businesses in the city.

Thursday, 18 July, 2013, 8:39am 6 comments

'China's George Soros' joins Hong Kong firm

Dai Jixin, a former manager of Soros Fund Management, plans to start a new hedge fund in Hong Kong backed by a trader dubbed "China's George Soros", according to company filings.

10 May 2013 - 5:30am

The Week Explained: Overconfidence

Hedge fund managers often regard themselves as the masters of the fund management universe.

28 Jan 2013 - 7:21am

2012: How Wall Street got it wrong

From hedge fund manager John Paulson's call for a collapse in Europe to Morgan Stanley's warning that US stocks would decline, Wall Street got little right in its prognosis for the year just ended.

5 Jan 2013 - 3:13am

Bill Hwang guilty of illegal trading at Tiger Asia Management

Tiger Asia Management, the New York-based hedge fund run by Bill Hwang, admitted illegally using inside information to trade Chinese bank stocks and agreed to criminal and civil settlements of more than US$60 million.

14 Dec 2012 - 3:00am

Hedge-fund managers may emerge as real winners of Japan's poll

This may be the election that Japan bears such as Kyle Bass have been waiting for.

12 Dec 2012 - 2:58am

Chinese funds head to Ireland to crack Europe

China's top fund managers are showing a strong appetite for opening back offices or having funds registered in Dublin, to pave the way to issuing fund products across Europe and even globally.

26 Nov 2012 - 2:22am

There is little comfort from the line-up of main investors

The initial public offering of the mainland's largest general insurer, People's Insurance Company (Group) of China (PICC), raises lots of doubts.

The firm is trying to answer them with a US$500 million investment by American International Group. Yet, can it?

24 Nov 2012 - 3:59am

Where now for the Hong Kong dollar?

Hong Kong's determination to maintain its exchange-rate peg to the US dollar has the confidence of currency-forward traders even as it fails to sway hedge-fund investor William Ackman.

The founder of New York-based Pershing Square Capital Management said at the weekend that he was keeping a wager that would profit if Hong Kong let its currency appreciate.

23 Oct 2012 - 4:19am

Pandit quits as Citigroup's chief

Citigroup chief executive Vikram Pandit resigned abruptly yesterday, effective immediately, a shock change at the top of the No 3 US bank the day after a surprisingly strong quarterly earnings report.

Analysts and investors quickly raised red flags about the timing, saying it did not appear to be a natural transition and rather suggested some sort of dispute at the bank.

17 Oct 2012 - 3:26am