Chinese Entrepreneur Starts $100 Million Hedge Fund With His Own Money

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Chinese Entrepreneur Starts $100 Million Hedge Fund With His Own Money

The long-short fund will trade education, tourism and technology stocks and is targeting an annual return of 15 percent, according to a presentation obtained by Bloomberg. The firm will use fundamental research and have a concentrated portfolio of bets on up to 30 stocks listed in Hong Kong and the
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Tudor Veteran Says Just a Little More Inflation Could Rock Bonds

The apparent stabilization in the bond market of the past couple weeks could just mark the eye of the storm, according to a former Tudor Investment Corp. trader whose bets on ructions in fixed income have been paying off. Brett Gillespie. Source: Ellerston Capital Ltd. Just a small pick-up in inflation
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Singapore Matches More Problems With More Money: Budget Snapshot

Bloomberg's Haslinda Amin reports on the budget announced by Singapore Finance Minister Heng Swee Keat. Singapore's budget on Monday was all about boosting government revenue through higher taxes in order to pay for rising spending needs.
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UK Promises Not to Torch EU Regulation in Post-Brexit Britain

Brexit Secretary David Davis will reassure the European Union that the U.K. won't try to undercut the bloc by tearing up regulations after the split, making the case for mutual trust between regulators on each side. “Mutual recognition” of regulatory standards should continue after the divorce, Davis will
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City to consider court accounting ordinance

City officials on Tuesday will consider changes to the local ordinance that directs how the Livingston City Court accounts for the fines and other fees its collects. If approved, the Livingston Municipal Code would be amended by the new ordinance. The move comes after the city's financial audits for the
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