Asia Hedge Fund New Silk Street Shuts After US Investor Pullback

[ad_1] One among Singapore’s longest-running hedge funds, New Silk Street Funding Pte, is shutting down after weak returns and a pullback by US buyers in Asia led to a pointy drop in property. The agency, began by two finance veterans about 16 years in the past, noticed property beneath administration plummet to $615 million as … Read more

How activist Elliott may help International Funds carry its share worth

Thomas Fuller | SOPA Photographs | Lightrocket | Getty Photographs Firm: International Funds Inc (GPN) Enterprise: International Funds is a funds expertise firm delivering software program and companies to its prospects globally. Via its Service provider Options phase, it gives funds expertise and software program options globally to small-and-medium sized companies and choose mid-market and … Read more

Starboard takes a stake in Tripadvisor. How the activist may bolster value

The Tripadvisor logo is displayed on a tablet. Mateusz Slodkowski | Sopa Images | Lightrocket | Getty Images Company: Tripadvisor (TRIP) Business: Tripadvisor is an online travel company. It leverages its brands, technology, and capabilities to connect its global audience with partners through content, travel guidance and two-sided marketplaces for experiences, accommodations, restaurants and other … Read more