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
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
Hedge fund managers often regard themselves as the masters of the fund management universe.28 Jan 2013 - 7:21am
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
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
This may be the election that Japan bears such as Kyle Bass have been waiting for.12 Dec 2012 - 2:58am
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
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
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
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