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NexAmerica AM: Greek banks teeter closer to abyss; U.S. stocks shrug off turmoil; China...

U.S. markets look set to open marginally higher -- even though the European Central Bank warned that...

NexAsia PM: Chinese shares plunge; BOJ maintains monetary policy

Is the bubble about to burst?  Prophets of doom have been warning about a correction in Chinese...

Mitsubishi UFJ to acquire UBS fund administration business (Update)

(Updating story to add UFJ comment on third paragraph, rewrites first two paragraphs) Mitsubishi UFJ Financial Group, through...

Samsung C&T-Cheil merger trial begins today

The first injunction brought on by NY-based hedge fund Elliott Management against the proposed merger between Samsung...

Mitsubishi UFJ to acquire UBS fund administration business

Mitsubishi UFJ Trust is set to acquire UBS Global Asset Management’s Alternative Fund Services for around 30...

Nordea launches renminbi fund as China moves to internationalize currency

Hot on the heels of the gradual internalization of the Chinese currency, a Nordic-based firm launched a...

Japan’s trillion dollar cash hoard sends asset managers into frenzy

Global asset managers are increasingly drawn into Japan, hoping to get a piece of the country’s huge...

NexAsia AM: Asian futures rip higher; Short interest on A-share ETFs surge

Good morning everyone. Today looks like another decent trading day for Asia as traders ignored Greece and sent...

Hedge funds grow in May

Hedge funds were up 0.92% in May, BarclayHedge reports. The Barclay Hedge Fund Index has grown 4.58% for...

Hedge fund vultures prey on Greece

More than 20 hedge funds have been hit with fines in the last three months for trying...

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