Soros Buys Bombay Exchange Stake

Aug 23 2010 | 11:52am ET

Soros Fund Management has bought a 4% stake in the Bombay Stock Exchange.

The New York-based hedge fund paid about US$34 million for the piece of Indian’s second-largest bourse through its Quantum fund. Soros bought its stake in the Mumbai exchange from Dubai Holdings.

Soros’ move comes ahead of a planned listing of the Bombay exchange.


In Depth

Q&A: Fund Administration Comes To The Cloud

Jul 14 2017 | 7:23pm ET

The fund administration sector has been steadily implementing new technology, such...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...

 

From the current issue of