Sunday, 29 March 2015
Last updated 2 days ago
Jan 15 2013 | 11:52am ET
E Fund Management has closed its two year-and-a-half-old emerging markets funds.
The E Fund Global Emerging Markets Fund disappointed both in terms of performance and capital-raising. It lost 2.8% in its first 12 months, and managed less than US$6 million at the end of last year, Asian Investor reports.
E Fund, the second-largest asset manager in China, also shut a long-only emerging markets fund at the same time. The firm had hoped to raise US$500 million for the two funds.
Both funds were managed by E Fund’s Hong Kong unit.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
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…