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(Bloomberg) Several hedge funds in Asia are starting to mimic global giants like Citadel and Millennium Management by charging clients additional fees to cover costs ranging from employee compensation to life insurance in a bid to lure top talent.Most Read from BloombergSam Altman, OpenAI Board Open Talks to Negotiate His Possible ReturnBinance Pleads Guilty, Loses CZ, Pays Fines to End Legal WoesNvidia Fails to Satisfy Lofty Investor Expectations for AI BoomOpenAI in ‘Intense Discussions’ to ....
Hedge Funds Copy Citadel Fee Model in Fight for Top Asia Traders bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.
While more than a third of Asian funds were at least 30 per cent in the red in the first 10 months, that figure shrank to just under 7 per cent at year-end. ....
Nine Masts Capital Selects Bare Cove Technology as Their Cloud Technology Partner Read full article 5 March 2021, 10:06 am·2-min read Bare Cove Technology (BCT) is pleased to announce that Nine Masts Capital has successfully migrated to Bare Cove Technology’s fully managed, cloud-hosted IT services platform. In addition to cloud hosting and IT support, Nine Masts has engaged BCT on an ongoing basis to provide CTO consultancy, cyber security advisory, and software development services. Nine Masts believes investment in technology is key to staying competitive and furthering our growth strategy. BCT’s commitment to innovation, cloud-based collaboration, and strategic technology decision-making made them the obvious path forward, said Alain Bordoni, Head of the Non-Investment Team at Nine Masts Capital. The BCT team managed our complex migration with calm professionalism and reliability. They continue to impress us with their commitment to high-quality enginee ....