SINGAPORE - "It's like a horror movie. People like to watch, but don't want to be in it," quips economist Andy Xie about his popular lectures where he predicts a collapse in China's property and stock markets.
LONDON - Hedge funds and other large speculators last week raised their bets on a rise in Brent crude oil prices to the highest level since October, exchange data showed, highlighting the effect of Ukraine tensions on sentiment.
LONDON - Smaller asset managers and hedge funds will drive an increase in the use of computer-driven equity trading strategies in 2014 as brokerages cut back on the services they offer to less profitable clients, a study shows.
LONDON - Hedge fund firm Man Group announced a share buyback and bumped up its dividend on Thursday, sending its stock price soaring, after it drew more new investment in the last quarter of 2013 that help it beat full-year profit forecasts.
LONDON - U.S. hedge fund Elliott Management Corp acquired derivatives equivalent to a stake of almost 11 percent in UK-based F&C Asset Management , a filing showed on Wednesday.
BRUSSELS - EU lawmakers and member states agreed curbs on fund managers' pay similar to new rules for bankers on Tuesday, including a three-year deferral of 40 percent of bonuses, legislation that could be in place next year.
LONDON - Hedge funds and other large investors raised their bets on higher Brent crude oil prices in the week to February 11, data from the InterContinental Exchange showed on Monday, rebounding after dropping to the lowest level in over a year.
LONDON - Paris-based investment firm La Francaise and Anglo-Italian hedge fund manager TAGES Capital are combining assets to form a European fund of hedge funds joint venture.
LONDON - Brevan Howard, one of the world's biggest hedge fund managers, is to shut its $2.3 billion emerging markets portfolio after a bout of poor performance, a source familiar with the matter told Reuters on Tuesday.
NEW YORK - Mathew Martoma, a former portfolio manager at billionaire Steven A. Cohen's SAC Capital Advisors hedge fund, was found guilty on Thursday of engaging in what prosecutors called the most lucrative insider trading scheme in U.S. history.
SINGAPORE , April 4 - Standard Chartered PLC's global head of mergers and acquisitions Andrew Suckling will take a one-year sabbatical less than two years after assuming the role, a person with knowledge of the matter said.
MUMBAI - Energy company Reliance Industries Ltd posted nearly flat fourth-quarter profits, in line with estimates, as a slimmer margin in its oil refining business offset higher revenue.
- Reliance Q4 sales rise, refining margin narrows
- VW to keep adding Chinese capacity amid double-digit growth
- Rajaratnam's brother loses bid to dismiss insider trading charges
- China Resources chairman sacked amid corruption investigation
- Brazilian tycoon Batista investigated for financial crimes - reports
- Glenmark pulls 2,900 bottles of ulcer drug in U.S.
- Bajaj Auto says union at Chakan plant plans work stoppage
- India's forex reserves rise to $309.44 bln as of April 11 - RBI
- Exchanges, brokerages hit with high-speed trading class action
- Japan investment in Southeast Asia surges amid China slump