SALT Asia May Quit Singapore

Mar 19 2014 | 9:22am ET

SkyBridge Capital’s Asia hedge fund conference could be on the move.

The New York-based firm, whose annual SkyBridge Alternatives Conference in Las Vegas may be the most prominent industry gathering, has held a second conference in Singapore in each of the past two years. The third installment of SALT Asia is scheduled for October.

The fourth may be held elsewhere: CNBC reports that SkyBridge has told its conference partners that SALT Asia could be on the move in 2015. Asia’s largest hedge fund center and Singapore’s chief regional rival, Hong Kong, is under consideration, as are Macau, Seoul and Tokyo.

About 1,000 people have attended each of the first two SALT Asia conferences.

SkyBridge is also mulling another expansion, with groups from Abu Dhabi, Argentina, Brazil, Dubai, Monaco, Spain, Switzerland and Turkey having approached the group.

“We are committed to SALT in Asia,” SkyBridge’s business development chief Victor Oviedo told CNBC. “We’re always evaluating how to expand the conference. But at this point there’s nothing concrete planned outside of the U.S. and Asia events.”


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

DarcMatter: The Top Trends in Alternative Investments for 2017

Jan 13 2017 | 8:22pm ET

The $7 trillion alternative investments industry is poised for continued growth...

 

From the current issue of

The U.S. Commodity Futures Trading Commission (CFTC) ordered The Goldman Sachs Group Inc., and Goldman, Sachs & Co. to pay a $120 million penalty for attempted manipulation and false reporting of ISDAFIX Benchmark Rates, a global benchmark for interest rate products.