Wednesday, 1 October 2014
Last updated 5 hours ago
Mar 9 2010 | 3:41am ET
Singapore seeks to become a major hedge fund center, and is planning its own Greenwich or Mayfair to attract alternative investment firms and professionals.
The city-state’s JTC Corp. is touting Nepal Hill, a 15-minute drive west of downtown Singapore, as the perfect place to run a hedge fund, Bloomberg News reports. “Nepal Hill has been chosen for its unique ambience of black and white architectural heritage amid the key research clusters, and these bungalows nestled in lush tropical foliage will be the ideal setting for office for the alternative investments,” the JTC and Monetary Authority of Singapore crowed in an e-mailed invitation to hedge fund managers.
Those bungalows housed British military personnel when Singapore was part of the British Empire. The 180-hectare area will be developed over the next two decades, the JTC said.
The neighborhood is part of Singapore’s “one-north” development, which already features the city-state’s biomedical research center. It’s also near the Rochester Park dining area.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...