China's Citic Capital Holdings, known for private-equity investing, is starting its first quantitative hedge fund, as high-tech trading techniques beyond traditional strategies behind stock-picking gain favor in Asia.
Industrial and Commercial Bank of China, the world's largest bank by assets, said on Thursday that it has no plans to use its own money to repay investors in a troubled off-balance-sheet investment product that it helped to market.
LIC Nomura Mutual Fund announces merger of LIC Nomura MF Floating Rate Fund - Short Term Plan with LIC Nomura MF Liquid Fund, w.e.f. March 04, 2014.
Azentus Capital Management Ltd. and Myriad Asset Management Ltd., two of Hong Kong’s large hedge funds, had the best annual returns since inception, aided by Japan bets and investments outside of the region.
The Vung Ro Bay development enclave will comprise several hotels with over 760 rooms, 4,300 apartments, 100 luxury townhouses, a variety of retail shops and 350 marina berths, they said.