Friday, 31 October 2014
Last updated 13 hours ago
Mar 10 2009 | 12:27pm ET
The contraction of the Asian hedge fund industry is being felt by the region’s service providers. Prime broker Pali Holdings is closing its only office in Asia as its customers have cut back on their trading.
Pali opened the Singapore office in October 2007, Dow Jones reports. At its peak, the office employed 11 people, but that number fell to five in recent months as Pali clients curtailed their trading.
The Singapore office opened with US$8 billion in capital.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.