Hedge funds cry foul over China education firm's default businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
Perth-based hedge fund NWQ, which previously counted former Reserve Bank governor Glenn Stevens on its investment committee, has gone belly up after being unable to hash out a deal with debt holders after its financial licence was suspended.
Hong Kong’s government is considering new tax rules that would give more favorable treatment to popular alternative investments including private credit and infrastructure, according to people familiar with the matter.
The FCA publicizing investigations at their initiation could result in immediate reputational damage to firms and individuals, with severe damage to investors.