Barron’s weekend roundup: Yuan could fall over 10%; Potash Corp shares are ready to...
In this week’s cover story, Barron’s says that the Chinese yuan could fall over 10%, despite the...
Hedge funds drained by China in July
Hedge funds with heavy China exposure were hit hard in July, reports Hedge Fund Research.
The HFRI China...
People Moves: Brevan Howard poaches from RBS in US; Citi steals from Deutsche
Brevan Howard adds to New York team. London-based Brevan Howard has hired Michael Lyublinksy and Scott Eichel...
People Moves: Franklin Templeton adds PM; Standish Mellon names CEO
Franklin Templeton hires portfolio manager. Franklin Templeton Investments has hired James Macey into the newly created role...
Goldman dumps coal for a big loss
Goldman Sachs has burned its coal business.
The bank sold its Colombian mining business to Murray Energy Corp....
Daily Scan: Markets edge ahead Friday; KKR’s Samson files Chapter 11
Updated throughout the day
August 14
Dow Jones Industrial Average added 0.6% and the S&P 500 has advanced 0.7%...
Guard Capital to join Asia’s billion-dollar hedge fund club
While three-fourths of all Asian hedge funds manage less than $100 million, a quiet, one-year old global...
People Moves: CVC Capital names Korea chairman; Julius Baer hires Asia-Pac head
CVC Capital Partners appoints Korea chairman. Steve Lim, an old hand in the Korean banking industry, has...
People Moves: BAML loses TMT head; HSBC appoints new sponsors chief
BAML loses TMT banking chief. Winston Cheng, Bank of America Merrill Lynch’s head of Asia technology, media,...
Daily Scan: Chinese shares end higher; European GDP dissapoints
Updated throughout the day
August 14
Good evening everyone. After a really volatile week, Chinese equities ended trading on...
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