CHICAGO (BLOOMBERG) - Billionaire hedge fund manager Ken Griffin's finance companies plan to open a Singapore office this year in a fresh push to expand in Asia.. Read more at straitstimes.com.
CHICAGO - Billionaire hedge fund manager Ken Griffin's finance companies plan to open a Singapore office this year in a fresh push to expand in Asia.
Citadel is accelerating its expansion after the securities unit used its technology edge to cement its position as one of the largest traders of stocks, bonds and derivatives. Trading has boomed globally as the Covid-19 pandemic and an oil shock disrupted markets and prompted investors to evaluate their holdings. Its flagship multi-strategy hedge fund gained 16.5 per cent in the first seven months of the year.
Regulatory changes have broadened the range of securities available in Asia. Meanwhile, rising tensions between the world's two largest economies are leading a growing number of Chinese companies to dual list in Hong Kong, which may help boost trading. The Asia-Pacific region now represents more than 34 per cent of world stock market value, just 5 percentage points behind North America, according to data compiled by Bloomberg.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Singapore stocks open higher on Monday; STI up 0.1%SINGAPORE shares edged up on Monday amid mixed performance among index stocks and bank counters. Read more at The Business Times.
Read more »
China approves BlackRock, Temasek and CCB joint wealth ventureBEIJING: China has approved a wealth management joint venture between US asset manager BlackRock, Singapore state investor Temasek Holdings and ...
Read more »
7 new MOE kindergartens to open in 2023SINGAPORE: Seven new Ministry of Education (MOE) kindergartens will open in 2023, the ministry said on Saturday (Aug 22). All seven will be ...
Read more »
Younger and more diverse Parliament faces age-old challenge of tackling job issues amid COVID-19SINGAPORE: A younger and more gender-diverse Parliament, which opens on Monday (Aug 24), will have its hands full with one important job in the ...
Read more »
Younger and more diverse Parliament faces age-old challenge of tackling job issues amid COVID-19SINGAPORE: A younger and more gender-diverse Parliament, which opens on Monday (Aug 24), will have its hands full with one important job in the ...
Read more »