Perseverance Asset Management: long bias and fundamental bottom-up strategy
HONG KONG, Jun 28, 2022 – (ACN Newswire via SEAPRWire.com) – China’s hedge fund market has been building and has seen a 70% increase in total assets over the past […]
Baekdu Technologies Raises $1mln from Mirae Asset Venture, Continuing Its Lead in the DeFi System Trading Industry
Seoul, South Korea, Nov 8, 2021 – (ACN Newswire via SEAPRWire.com) – Baekdu Technologies Inc. has secured $1 million pre-A funding, led by Mirae Asset Venture Investment. Baekdu is one […]
Baekdu Technologies Raises $1mln from Mirae Asset Ventures, Continuing Its Lead in the DeFi System Trading Industry
Seoul, South Korea / November 6, 2021 / SEAPRWire / – Baekdu Technologies Inc. managed to secure a bag of $1 million from Mirae Asset Ventures in its pre-A round. Baekdu is one […]
Hedge fund investors with US$812 billion see Asia as preferred bet
SINGAPORE (BLOOMBERG) – Hedge funds focused on Asia are predicting a surge of new money from North America and Europe as investors move away from overvalued US assets to tap […]
Hedge fund boss takes home UK record pay of $634m
LONDON (AFP) – Hedge fund boss Christopher Hohn set a UK record in 2020 for the biggest ever annual paycheck after he paid himself almost half a billion US dollars, […]
Robinhood, Citadel chiefs spar with lawmakers over retail trading following GameStop frenzy
WASHINGTON (BLOOMBERG) – House Democrats sparred with the leaders of Robinhood Markets and Citadel on Thursday (Feb 18), with lawmakers pressing the firms on whether they’re profiting at the expense […]
China hedge funds add $268b in assets in 2020, trouncing Wall Street rivals
BEIJING (BLOOMBERG) – China’s army of tiny hedge funds are pulling further ahead of their better-known foreign competitors with outsized gains helping them attract more assets. The nearly 15,000 funds […]
GameStop: US senators call for action against hedge funds as Wall Street braces for more market mayhem
WASHINGTON (AFP, REUTERS) – Progressive US senators Bernie Sanders and Elizabeth Warren called on Sunday (Jan 31) for action against what they said were the Wall Street abuses by hedge […]
Top 20 hedge funds earned most in a decade for clients last year
BOSTON (REUTERS) – The world’s 20 best-performing hedge funds earned US$63.5 billion (S$84.3 billion) for clients in 2020, setting a record for the last 10 years during a chaotic time […]
Singapore-based hedge fund is world’s best-performing with 275% gains
SINGAPORE (BLOOMBERG) – Long before he ran the world’s best-performing hedge fund, Qian Yong Qiang chaired China’s biggest online dating service. The Yale graduate would spend hours tracking down attractive […]
Big-name Asian hedge funds draw billions in new money
HONG KONG • Established Asian hedge funds have attracted the lion’s share of new money this year, while start-ups have been hamstrung by global travel curbs that have made face-to-face […]