Wednesday, 6 May 2015
Last updated 3 hours ago
Nov 12 2010 | 2:16am ET
Former Nezu Asia portfolio manager Arnab Sen has founded a hedge fund firm and plans to launch his first fund next month.
Sen’s Harbour Asset Management is readying an Asia ex-Japan equity long/short strategy, HFMWeek reports. The new fund will be called the Harbour Asia Opportunity Fund.
Asia hedge funds currently manage US$137.8 billion, according to AsiaHedge. Investors have been clamoring for more exposure to the region, although “the nascent recovery seen in Asian hedge fund assets toward the end of last year has been stalled due to weak capital inflows, continued redemptions and largely flat performance of the funds in the first half of 2010,” AsiaHedge’s Aradhna Dayal said.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…