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

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...