Hedge funds assets shrink amid investors withdraws, losses
NEW YORK – Hedge funds assets fell below $4 trillion in June, dragged down by poor performance and investors’ withdraws, data provider HFR showed on Thursday. Amid high volatile across…
NEW YORK – Hedge funds assets fell below $4 trillion in June, dragged down by poor performance and investors’ withdraws, data provider HFR showed on Thursday. Amid high volatile across…
MADRID – The family office of Spanish billionaire Amancio Ortega, founder and main shareholder of fashion group Inditex, reported on Thursday its real estate assets’ market value rose by over…
By David French and Ron Bousso NEW YORK/LONDON – Shell is exploring a sale of its stakes in two U.S. Gulf of Mexico oil and gas developments which could raise…
(Reuters) – New Zealand’s infrastructure investment company Infratil Ltd said on Monday Vodafone New Zealand would sell its passive mobile tower assets for NZ$1.7 billion ($1.05 billion) to funds managed…
Acting United States Attorney Steven Russell announced the filing of a civil complaint seeking forfeiture of assets acquired in an alleged fraud scheme involving almost $6 million. According to the…
By Dietrich Knauth (Reuters) – Liquidators for crypto hedge fund Three Arrows Capital (3AC) obtained U.S. court permission on Tuesday to issue subpoenas and lay claim to the bankrupt Singapore-based…
(Reuters) – Canada’s Senate on Thursday passed Prime Minister Justin Trudeau’s budget, adopting a two-year ban on foreign buyers of Canadian homes and a measure allowing it to seize and…
OTTAWA – Canada’s Senate on Thursday passed Prime Minister Justin Trudeau’s budget, adopting a long list of measures including a two-year ban on foreign home buyers and the power to…
By Anshuman Daga SINGAPORE – Singapore-based private securities platform ADDX said it has become the first financial firm in the city-state to recognise cryptocurrency in their assessment of assets of…
ISTANBUL – The Turkish central bank has taken steps to increase the weight of lira-denominated assets in the collateral system as part of its currency strategy and steps in this…
(Reuters) – Better regulation of the fast-growing world of crypto assets is needed not to keep rich people from losing money but for the sake of everyone else, Federal Reserve…
By Simon Jessop LONDON – Vanguard, the world’s second-biggest asset manager, said it expects nine funds managing $290 billion to reach the world’s climate goal by 2050 and be at…
BRUSSELS – European Union states have reported the freezing of about 23 billion euros ($24.5 billion) of assets of the Russian Central Bank, a top EU official said on Wednesday,…
By Jan Strupczewski BRUSSELS – The European Commission proposed on Wednesday to make breaking European Union sanctions against Russia a crime, a move that would allow EU governments to confiscate…
INDIANAPOLIS – A federal grand jury has indicted fifteen people on drug trafficking and money laundering charges. Specifically, the indictment charges the defendants with a conspiracy to distribute semi-truckload quantities…
(Reuters) – Russia’s largest lender Sberbank has ceased to be a shareholder in some non-financial assets, the company said on Thursday, as it reviews its strategy. Sberbank said it no…
IRVINE, CALIF., May 16, 2022 — Global renewable energy company and service provider BayWa r.e., today announced it has entered into 10-year agreements with REV Renewables to provide operations and maintenance…
(Reuters) – UniCredit SpA and Citigroup are exploring asset swaps with Russian financial institutions as western banks trying to avoid heavy writedowns as they exit Russia, the Financial Times said…
LAGOS – Nigeria’s markets regulator has published a set of regulations for digital assets, signalling Africa’s most populous country is trying to find a middle ground between an outright ban…
(Reuters) – Shares of Lordstown Motors shares surged over 23% in trading before the bell on Thursday after the electric vehicle startup said it had closed the deal to sell…
ROME – Italy’s parliament has extended Rome’s special vetting powers to protect its key national assets by including the hydroelectric sector and new companies that plan to operate in industries…
PARIS -France’s Danone said on Friday it would end its partnership with Chinese milk firm Mengniu by selling a 25% stake it holds in milk powder maker Yashili as well…
(Reuters) – Chinese regulators held an emergency meeting with domestic and foreign banks to discuss how they could protect China’s overseas assets from U.S.-led sanctions similar to those imposed on…
By Aditya Kalra NEW DELHI -India said on Saturday it had seized $725 million from the local bank accounts of China’s Xiaomi Corp after a probe found the smartphone maker…
(Reuters) – U.S. oilfield services firm Halliburton Co on Friday warned it may face Russian government seizure of its $340 million in assets in the country and a future charge…