Monday, 30 March 2015
Last updated 9 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.
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…