The representation of the bitcoin cryptocurrency can be seen in this illustration taken on November 29, 2021. REUTERS / Dado Ruvic / Illustration Register now for FREE and unlimited access to Reuters.com Register now Dec. 14 (Reuters) – NYDIG said on Tuesday it had raised $ 1 billion in a funding round led by venture …

Raymond announced on Monday that the company’s board of directors will meet on December 17, 2021 to consider raising funds. In an exchange filing, Raymond said, a meeting of the directors’ committee of the company’s board of directors will be held on Friday, December 17, 2021 to consider and approve the issuance of non-convertible debentures …

London’s second tier index suffered strong sales after the Prime Minister warned on Sunday that the UK was facing a “tidal wave” of Covid-19 infections due to the new Omicron variant. So anyone aged 18 and over would be offered vaccine boosters before New Years Eve in an effort to provide the highest level of …

Marshall Motor Group has bolstered fundraising efforts at motoring charity Ben Ben with a donation of £50,000 to help it cope with the ‘unprecedented impact’ of COVID-19. The donation came in response to an urgent Christmas appeal from the industry charity, which has seen a 147 per cent rise in demand for support in recent …

Ugro Capital announced on Wednesday that the company’s board of directors will meet on Saturday, December 11 to consider a fundraiser. In an exchange document released on Sunday, Ugro Capital said: The Board of Directors’ Investment and Lending Committee meeting is scheduled to be held on Saturday, December 11, 2021 to review and approve the …

TORONTO, December 8, 2021 /CNW/ – CIBC Mellon today announced that Canso Fund Management Ltd (Canso) and Lysander Funds Limited (Lysander) have renewed their use of CIBC Mellon’s custodial services. In addition to custody, CIBC Mellon also provides fund administration to a number of Canso and the Lysander Funds. CIBC Mellon provided custodial services for …

Now the bosses and workers at Whitehills Business Park-based engineering company Ameon will collect and plant them as well, helping with the annual post-Christmas tree collection for Trinity Hospice. The company is celebrating its 25th anniversary with its fundraising program, Ameon 25, a series of charitable challenges for its management, which is expected to raise …

Breadcrumb Links PF Finances The market watchdog had to extend its review deadlines by days or even weeks Author of the article: Bloomberg News Layan Odeh Release date : 07 Dec 2021 • December 8, 2021 • 2 minutes to read • Join the conversation The Ontario Securities Commission is extending the time limits for …

Compared to the start of the crisis, there are significantly fewer jobs where there is a surplus of labor, the Unemployment Insurance Fund said. However, finding a job is more difficult in some sectors, due to a small surplus of labor. These are mainly administrative jobs, which are gradually taken over by technology. For example, …

December 08, 2021 The Neogen Chemicals Board of Directors will meet on December 8, 2021 to consider and approve the proposal to raise funds through the issuance of any instrument or security(s), including shares, fully/partially convertible/non-convertible instruments convertible bonds, including bond warrants and warrants entitling the holder(s) of warrants to request shares or …

During the meeting of December 06, 2021 Inox Wind announced that the board of directors of the company’s subsidiary, Inox Green Energy Services, at its meeting on December 06, 2021, approved the fundraising, subject to the receipt of required approvals, including the shareholder approval, market conditions and other considerations, through an initial public offering of …

During the meeting of December 06, 2021 The Board of Directors of Satin Creditcare Network, at its meeting on December 6, 2021, approved the increase in the company’s authorized share capital to Rs 180 crore comprising 10.50 crore equity shares of Rs 10 each and 7.50 crore of preferred shares of Rs 10 …

State governors have urged regulators to review the processes involved in raising funds in the Nigerian capital market to make it easier and more attractive for subnationals to raise funds for long-term projects in the market. The governors, who spoke at the inaugural Nigerian Exchange Limited (NGX) conference held in Lagos, expressed concern over the …

The board of directors of GSS Infotech Limited on Saturday approved an investment limit of no more than Rs500cr that the company can make in Indian entities and / or foreign entities. The Board of Directors approved the issuance of 28,000,000 convertible warrants to promoters and non-promoters (“proposed warrants”) at a price of Rs 107 …

The Board of Directors of GSS Infotech Ltd has approved the issuance of 28,000,000 convertible warrants to promoters and non-promoters (“proposed warrant holders”) at a price of Rs. 107 / – per warrants. convertible subscription with the right to the holder of warrants to request and be allocated 1 (one) share of capital of the …

Tavcom Training, part of the international Linx Group, has raised £ 3,000 in the past 12 months for its nominated charity, Naomi House and Jacksplace. As part of the company’s 25th anniversary celebrations, the Hampshire-based training company has pledged to make a financial donation to the charity for each course booked between October 2020 and …

Search mutual fund quotes, news, net asset values SBI INE062A01020, SBIN, 500112 Tata power INE245A01021, …

Eni’s logo can be seen outside its head office in San Donato Milanese, near Milan, Italy on April 27, 2016. REUTERS / Stefano Rellandini / File Photo Register now for FREE and unlimited access to reuters.com Register MILAN, Dec. 1 (Reuters) – Italian energy group Eni (ENI.MI) on Wednesday announced it had participated in a …

Vijay C Roy Tribune press service Chandigarh, November 24 Despite the pandemic and ecosystem constraints in the northern region, the flow of transactions drives the startup community. Over the past few months, they have not only been successful in attracting investors, but also successful buyouts. The latest to join the fundraising movement is Grainpad (P) …

Las Vegas, Nevada TheNewswire – November 23, 2021 CABO VERDE CAPITAL, INC. (OTC: CAPV) (TSXV: GER) (the “Company”) welcomes Mr. Christopher Malone to the Company as the new Chief Financial Officer. Mr. Malone is the founding director of PrOasis, a professional consulting firm, where he has spent the past 31 years managing the firm which …

Image: market watch Virgin Atlantic declined to comment on reports that a new £ 400million round of investment is being discussed as prospects for an initial public offering (IPO) diminish. According to Sky News, the airline is in negotiations with its shareholders and other financial players to raise additional funds to help it get through …

The Board of Directors of John Keellls Holdings has decided to raise funds through a private placement for a maximum cumulative amount of the Sri Lankan Rupee equivalent of US $ 80 million to the Asian Development Bank by the issuance of up to 122,500,000 new ordinary shares of the company in two phases, said …

Breadcrumb Links GlobeNewswire Author of the article: Publication date : November 22, 2021 • November 22, 2021 • 3 minute read • Join the conversation Content of the article NOT FOR DISTRIBUTION TO UNITED STATES NEWS SERVICES OR FOR BROADCASTING IN THE UNITED STATES. NEW YORK, Nov. 22, 2021 (GLOBE NEWSWIRE) — MHR Fund Management …

As the jury deliberates in Kyle Rittenhouse’s homicide trial, fundraising emails from his supporters and critics increasingly reflect how the case has become a political touchstone as well as a very busy legal process. His supporters sent campaign-style fundraising emails, casting Mr Rittenhouse as a victim and soliciting contributions to a fund set up by …

Evan Agostini/Getty Images Entertainment This article is part of a series that provides ongoing analysis of changes to Nelson Peltz’s 13F portfolio on a quarterly basis. It is based on the Peltz regulation Form 13F filed on 11/12/2021. Please visit our Nelson Peltz Trian Fund Management Portfolio Tracker article to get an idea of ​​his …

TVS Motor Company jumped 9.32% to Rs 778.55 after media reported the company was in talks to raise funds for its electric vehicle (EV) subsidiary. Media reported that TVS Motor is in talks with a handful of global private equity investors to raise $ 300-500 million (Rs 2,220-3,700 crore) for its electric vehicle subsidiary at …

Investigate This executive reward option can motivate fund managers and encourage long-term growth, for example Chris Lebâcle, technical director of interest, and Shane Hugill, Head of Executive Compensation Services, Intertrust Group Deferred interest is in the spotlight after being the target of tax changes by the UK’s main opposition party, Labor. This is an executive …

One of the many consequences of the pandemic over the past year and a half has been the cancellation of honor flights to Washington, DC The flights carry as many American veterans as possible to see the memorials of the respective wars in which they fought at no cost to the veterans. Sadly, many of …

Sobha shares climbed 11% to Rs 962.50 on BSE in intraday trading on Wednesday amid large volumes after the property developer announced a plan to raise funds through the issue of unlisted secured non-convertible redeemable bonds on the basis of a private placement. In the past four trading days, the stock has risen 27% from …

PROVIDENCE – Treasurer General Seth Magaziner continued to lead the fundraising group among Democrats running for governor in 2022, raising $ 255,000 in the third quarter and ending with $ 1,580,419 in his campaign account. Gov. Daniel J. McKee raised $ 154,200 during the quarter, ending with $ 800,682 on his campaign account, according to …

COLUMBIA – Linda Bennett competed in the Bear Creek Run Half Marathon on Saturday where she walked 13.1 miles towards herself and her husband’s goal of raising awareness and fundraising in hopes of finding a cure for the disease of Parkinson’s. Back in April, John and Linda Bennett shared their story of raising funds for …

Ecoslops (Euronext Growth – ALESA – FR0011490648), the cleantech that brings oil into the circular economy, is pleased to announce the launch of two capital increases, with elimination of shareholders’ preferential subscription rights and without delay of priority, of approximately € 6 million (the “Transaction”). Vincent Favier, Chairman and CEO of Ecoslops: “This fundraising is …

The Prader-Willi Syndrome Association (PWSA) USA announced that this year’s Angel Drive donation campaign – supporting the nonprofit to help people with this complex genetic disease, and in advocating and funding research – will begin November 1. With chapters in most states in the United States, PWSA USA is the only national organization providing the …

Held at Junction, the event will feature live music, DJ performances and a cabaret It has been announced that on Saturday, November 13, “The Pride Experience” will be held in Junction to raise funds for the Cambridge Pride Festival 2022. With cabarets, live performances, DJs and more, tickets are available now sold for £ 9.50. …

On October 22, Class XI students across India will be able to engage in fun and fitness programs to support students in Zilla Parishad schools, including a high school in Billalavalasa and elementary schools in the villages of Zilla Parishad. ‘Ippalavalasa, Bhagiradhipuram, Kondalaveru, Korlam, Badam, Kunchigumadam and Siriyalapeta in Merakamudidam mandal of Vizianagaram district in …

New independent financial advisory and fund management group One Four Nine Group launched this week Announcement of two first acquisitions: Charter Financial Planning and Rice Whatmough Crozier. Competitively priced internal discretionary fund management activity offering active, passive and sustainable portfolio solutions. Experienced management team focused on professional services financial advisory activities and companies with tax-advantaged …

German online bank N26 will hire 1,000 additional people after raising more than 775 million euros from private investors. N26 called it “the biggest funding round to date for a digital bank in Europe” which took the Berlin-based startup’s valuation “to over $ 9.0 billion.” The round was led by New York-based technology investors Third …

Technology will be a key driver of change in the asset management industry over the next several years, according to senior executives, especially as pressure builds on how sustainable investments are reported. Financial news sent a series of questions to executives of companies shortlisted for our 2021 Asset Management Awards to get their thoughts on …

A gardener waters a lawn in front of an advertisement for PNB Housing Finance Ltd.’s Initial Public Offering (IPO). in India in Mumbai, India on October 25, 2016. Photo taken on October 25, 2016. REUTERS / Shailesh Andrade Register now for FREE and unlimited access to reuters.com Register now BENGALURU, Oct. 18 (Reuters) – Shares …

Zen Technologies hit a 5% higher circuit at Rs 215.60 after the company announced that its board of directors would meet on Saturday, October 16, 2021 to review fundraising plans. The announcement was made after market hours yesterday. Zen Technologies designs, develops and manufactures combat training solutions for training defense and security forces. It actively …

KATMANDU, October 11: Banks are likely to raise interest rates on loans after mid-October, citing the lack of loanable funds available at home, caused by the excessive increase in imports and slow remittances. According to bankers, the country’s banking system faced a shortage of money supply to provide loans. “The shortage has worsened further as …

Search for quotes, news, net asset values ​​of mutual funds Data models INE0IX101010, DATAPATTNS, 543428 Medplus Health INE804L01022, MEDPLUS, 543427 TataTeleservice INE517B01013, TTML, 532371 Yes Bank INE528G01035, OUIBANQUE, 532648 CE information system INE0BV301023, MAPMYINDE, 543425 Search for quotes, news, net asset values ​​of mutual funds Data models INE0IX101010, DATAPATTNS, 543428 Medplus Health INE804L01022, MEDPLUS, 543427 …

Billionaire George Soros’ investment fund has been eyeing bitcoin for quite some time. Bitcoinist had reported in July that the fund was looking to start trading bitcoin. It wouldn’t be the first time the company has entered the crypto market, but it is the first time the fund has traded the digital asset directly. Bitcoin …

You are reading Entrepreneur United States, an international Entrepreneur Media franchise. George Soros’ asset management firm, Soros Fund Management, owns bitcoin. ullstein bild Dtl. | Getty Images Dawn Fitzpatrick, CEO and chief investment officer of the company, revealed in an interview at a Bloomberg event this week that Sorors Fund Management has “a few coins,” …

Soros Fund Management, the fund management company founded by hedge fund icon George Soros, has apparently joined the bitcoin craze. The family office owns “a few coins … but not a lot,” CEO Dawn Fitzpatrick told Bloomberg. “I’m not sure bitcoin is only considered here as a hedge against inflation,” Fitzpatrick said. “I think he …

The Epilepsy Foundation Eastern Pennsylvania (EFEPA) will be hosting its third Walk to End Epilepsy – Lancaster event from 9 a.m. to noon on October 16. As part of the national movement of the Epilepsy Foundation of America, the organization is joining forces with epilepsy champions from coast to coast to coast to end epilepsy …

As time is running out for a potential re-election decision, Gov. Charlie Baker raised more than $ 173,300 in September, marking his best campaign fundraising month in two years. The loot, reported in campaign fundraising records on Tuesday, was supported in part by a rescheduled Cape Cod fundraiser that drew both high-profile donors and a …

OVERVIEW OF THE REFORMS START A BUSINESS (More information) At the fifteenth position in the world, and first in Africa, under the Start a business index of the Doing Business 2020 ranking, Togo maintains its reform dynamic with more reforms …. EXECUTION OF CONTRACTS (More information) Compared to a few years ago when it was …

The Canadian National Railway Company forcefully pushed back a UK-based investor seeking changes to the railway, saying on Friday that TCI Fund Management Ltd. had made false and misleading statements and was clearly in a conflict of interest. “We are not going to indulge in unfounded and bad faith arguments that serve the interests of …

The Canadian National Railway Company faces criticism from a large investor over the disclosure of the resignation of a member of the board of directors. Julie Godin resigned from the railroad board on September 16, the day after CN learned it had lost the battle to buy the U.S. Kansas City Southern Railroad to compete …

PETALING JAYA (September 29): Sime Darby Property (SD Property) and Asia-Pacific logistics specialist LOGOS Property Group Ltd have formed a joint venture to establish a fund management platform to invest and develop ‘tailor-made for rent or sell »industrial and logistics assets in Malaysia. The 100% subsidiary of SD Property Sime Darby Property (Capital Holdings) Pte …

APPLETON, Wisconsin., September 28, 2021 / PRNewswire / – Global Alternative Investment Management LLC (“Global Alts”) has announced the launch of its private fund management business. The company seeks to extend the fund management services developed under its subsidiary, Endowment Wealth Management, Inc. to a wider geographic clientele serving high net worth individuals and families, …

The China Evergrande group’s electric car unit scrapped its share listing plan amid what it called a “serious shortage of funds,” adding to liquidity problems for the real estate developer’s business empire. most indebted in the world. Financial markets will continue to monitor developments in the Evergrande debt crisis this week, particularly if Beijing steps …

Route Mobile Ltd informed that the board of directors on Wednesday September 22, 2021 approved the fundraising proposal worth Rs2000cr. The Board of Directors has approved the raising of funds through the issuance of equity shares or other securities convertible or exchangeable into equity shares or non-convertible debt securities (with or without warrants) or any …

Finverity, the award-winning mid-market supply chain finance platform focused on emerging markets, today announces the launch of its fund manager functionality, a first in the supply chain finance industry ( SCF). This makes Finverity the first SCF platform to seamlessly connect both institutional funders and fund / asset managers managing their allocations through separate accounts, …

Several IPOs this year have seen PE or VC shareholders offer shares, including companies like Indigo Paints, Home First Finance Company, Stove Kraft, Craftsman Automation, Nazara Technologies, Suryoday Small Finance Bank, Barbeque Nation Hospitality, Krishna Institute of Medical Sciences, GR Infraprojects and Rolex rings. In addition, some of these public offers included an OFS component …

September 22, 2021 Route Mobile’s board of directors will meet on September 22, 2021 to examine and assess the fundraising proposal by issuing shares or other securities convertible or exchangeable into shares or non-convertible debt securities as well as warrants or any combination thereof by private placement, preferential issue, issue of American certificates of deposit, …

Thu Sep 16, 2021 | DIVISION SALE Fintech and support services firm Fintel have sold their fund management business Verbatim to Tatton Asset Management for £ 5.8million in a new five-year strategic partnership. The sale represents a multiple of 4.1 times the profit of £ 1.4million that Verbatim contributed to Fintel in 2020. The deal …

SHANGHAI, September 16, 2021 / PRNewswire / – New Core Tech has announced that it has just completed its C-round fundraiser valued at $ 35 million, led by XiaoMi, Shunwei Capital and followed by Northern Light Venture Capital and Cowin Capital etc. Binjiang Tao, CEO of New Core Tech, reveals that the fund will be …

Aurum Fund Management Limited donated $12,500 to the Bermuda Zoological Society [BZS] to help create a saltwater pond to support the growth of black mangroves on Trunk Island. A spokesperson said: “The Bermuda Zoological Society is pleased to announce that Aurum Fund Management Limited has donated $12,500 towards the creation of a saltwater pond to …

Search for quotes, news, net asset values ​​of mutual funds FSN E-Co (Nykaa) INE388Y01029, NYKAA, 543384 IRCTC INE335Y01020, IRCTC, 542830 IEX INE022Q01020, IEX, 540750 Tata Engines INE155A01022, TATAMOTORS, 500570 Power of Tata INE245A01021, TATAPOWER, 500400 Search for quotes, news, net asset values ​​of mutual funds FSN E-Co (Nykaa) INE388Y01029, NYKAA, 543384 IRCTC INE335Y01020, IRCTC, 542830 …

India’s Comptroller and Auditor General (CAG) report for the fiscal year ended March 2020 identified major failures in higher education in Tamil Nadu. Among the failures is the low or no research output of many university departments. The audit found that the University of Madras embezzled funds intended for research and development. These funds were …

Currently, Steinhoff owns 68.2% of Pepkor. Steinhoff plans to sell up to 370 million ordinary shares of Pepkor to help fund a R25 billion offer in compensation to settle a slew of lawsuits. These plaintiffs are suing the company following the fall in its share price. The 370 million shares represent a nearly 10% stake …

A lanyard featuring the logos of Southeast Asian e-commerce and video game group Sea Ltd is pictured in their Singapore office on March 5, 2021. REUTERS / Edgar Su Sept. 9 (Reuters) – Singapore-based games and e-commerce company Sea Ltd (SE.N) raised around $ 6 billion in a sale of stocks and convertible bonds, making …

More than half of all start-up founders in the Middle East and North Africa said securing finance for their businesses was the top cause of stress in their entrepreneurial journey, according to a report. The Covid-19 pandemic and business scale-up were the second joint reasons for stress, each voted by 33.7% of entrepreneurs. Work-life balance …

Crowdfunding in Nigeria is a means by which companies can raise capital by pooling small amounts of money from a large number of people instead of raising funds from a few investors. It is also used to raise funds for personal financial emergencies, medical emergencies or for charitable purposes. This is usually done through internet …

Steinhoff and Barak fund management (Barak) are two local examples. Steinhoff, a family investor name in the South African market, has lost around US $ 7 billion amid allegations of serious accounting fraud, four years later, no one in the Steinhoff scandal has been arrested and brought to justice. Barak Fund Management recently made headlines …

King Abdullah’s financial district, north of Riyadh. Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has recruited five international banks as members of an environmental, governance and social (ESG) panel for its medium-term capital raising strategy. Image credit: Reuters Dubai: Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has recruited five …

Despite a sharp drop in revenue in fiscal 2021, Lemon Tree Hotels is avoiding availing its two pre-approved fundraising options – the second tranche of Rs 125 crore from the Dutch pension fund APG and the Rs 150 crore rights issue for now. It also plans to add around 2,000 rooms by 2023, which will …

PWE Capital plans to disrupt the fund management industry by redefining return on investment and transparency is at the heart of this goal. Parker Winston Eckhardt (PWE) launched the MetaTrader 5 platform for hedge funds, as it takes a modern approach to asset management for funds and family offices, based on algorithmic trading. The implementation …

A Canadian National Railways locomotive crosses the yard in Dartmouth, Nova Scotia on March 29, 2018.Andrew Vaughan / The Associated Press Activist investor TCI Fund Management has launched a battle for control of the Canadian National Railway Company following the railways’ seemingly failed offer to buy Kansas City Southern Railway Co. TCI, led by British …

At the meeting of September 03, 2021 The Action Construction Equipment Board, at its meeting held on September 3, 2021, approved the fundraising by issuing securities through private offers, placement (s) of qualified institutions and / or any combination thereof or any other method permitted by applicable law (s) subject to such other statutory / …

Tourism Finance Corporation of India gained 2.85% to Rs 66.70 after the company announced that its board of directors would meet on September 3, 2021 to consider fundraising. The company proposes to raise funds by issuing one or more instruments, transferable securities, including capital shares, convertible / non-convertible preferred shares, convertible securities of any kind …

Have you ever washed a rental car? Chances are you haven’t. After all, you’re more likely to take better care of something that belongs to you rather than something that you take care of for someone else. The same may be true of fund managers. Are they likely to care more about generating good performance …

LAS VEGAS (AP) – Health insurance trust providing medical coverage to about 34,000 Clark County teachers and their dependents tells health care providers it has no funds to cover claims made before July, a newspaper reported. THT Health, formerly Teachers Health Trust, is a self-funded, non-profit organization established in 1983 and overseen by the teachers’ …

LAS VEGAS, AP — A health insurance trust providing medical coverage to about 34,000 Clark County teachers and their dependents tells medical providers it has no funds to cover claims made before July, a newspaper reported. THT Health, formerly Teachers Health Trust, is a self-funded, non-profit organization established in 1983 and overseen by the teachers’ …

The Covid-19 pandemic has prompted junior bankers to reassess their work-life balance, with many looking to turn to careers in private equity or fund management. Having been forced to work from home during the height of the pandemic, many have appreciated the flexibility that came with it and do not want to return to a …

The Barak fund management, a Mauritius-based trade finance fund, found itself in hot water after being arrested by several whistleblowers for its alleged corruption. The accusations came shortly after the bank’s financial conditions collapsed amid the Covid-19 pandemic last year. Whistleblowers blamed the bank’s crippling finances on the corruption of senior bank officials. These alleged …

TORTOLA, British Virgin Islands, Aug. 18, 2021 (GLOBE NEWSWIRE) – Global Fund Management, the asset management arm of GDA Group, has launched its latest venture, the Avalon Fund. The fund is launched by 12 Peers Capital, in partnership with GDA Capital, to provide a blended asset arbitrage vehicle offering short and long exposure to digital …

TORTOLA, British Virgin Islands, Aug. 18, 2021 (GLOBE NEWSWIRE) — Global Fund Management, the asset management arm of GDA Group, has launched its latest venture, the Avalon Fund. The fund is launched by 12 Peers Capital, in partnership with GDA Capital, to provide a mixed asset arbitrage vehicle offering short and long exposure to digital …

Since 2007 BVP has successfully raised and managed 14 Green BES and EII funds, which have invested in some of Ireland’s most innovative companies. Pineapple Power Corporation PLC (LSE: PNPL, FRA: 8JZ) (LSE: PNPL), the cash shell, is considering merging with BVP Investments, an Irish fund management company, and changing its name to Cool Capital. …

The World Food Program has said it is struggling to provide assistance to Myanmar as 70 percent of its funding needs over the next six months, or $ 86 million, remain unmet amid worsening demand. the food crisis after the military coup of February 1. Large numbers of people have difficulty accessing food due to …

KUALA LUMPUR: AmInvest won three of the top spots in Malaysia at the 12th Annual Alpha Southeast Asia Annual Fund Management Awards 2021. In a statement released Thursday, AmInvest said it had been named “Malaysia’s Best Asset and Fund Manager” for the fourth year in a row; “Best Asset Manager (Fixed Income), Malaysia” for the …

NANJING, China, August 3, 2021 / PRNewswire / – Pulnovo Medical, a pioneering medical device company specializing in the treatment of pulmonary arterial hypertension, recently raised millions of dollars through OrbiMed, Cenova, Lilly Asia Ventures (LAV) and GaoRong Capital. The funds raised in this cycle will be used for the complete layout of the product …

Based on global experiences, a nominal growth rate environment below 5% is more suitable for passive investing. The tussle between passive and active forms of fund management may very well go on forever. In passive fund management, as reflected by index mutual funds, the fund manager has no say in stock and sector selection and …

Jupiter Fund Management on Friday announced a rise in first-half profits as assets under management (AUM) hit an all-time high. In the six months to the end of June, statutory profit before tax rose to £ 57million, from £ 40.8million in the same period a year ago, with profit before tax under Underlying up 38% …

IQ-EQ has acquired Davy Global Fund Management (DGFM), part of the Davy Group. The newly combined Irish business will offer corporate administration, fund administration, fund management and portfolio management services, and will include 110 employees located in Dublin and Shannon, Ireland. Tom Berrigan, CEO and Paul Giblin, Managing Director of DGFM, will join the management …

The IQ-EQ investor group buys Davy Global Fund Management (DGFM), which is part of the Davy group. he central part of Davy is expected to be sold to Bank of Ireland. IQ-EQ said the combination of the two companies “creates a full service fund business established in Ireland with a proven track record and a …

Rod Paris will retire as abrdn’s chief investment officer at the end of this year, the fund management giant has announced. Mr. Paris has been part of the group, which was recently renamed Standard Life Aberdeen, since 2002. Stephen Bird, Edinburgh-based managing director of abrdn, said of Mr. Paris: “Personally, I will miss his wisdom, …

The domestic private equity industry is keen on government ensuring a level playing field between locally established private equity funds and those established abroad for tax purposes. The current 18% GST on “fund management fees” of PE funds continues to be a “big tax friction” affecting the relocation of fund management business to India, they …