Tuesday, 9th February 2010

 

Singapore consults hedge funds on stricter regulations

Singapore’s central bank is holding informal talks with hedge fund executives on ways to toughen up the regulatory regime for the city-state’s growing alternative investment sector, according to a report in the Financial Times.

Industry sources say ideas being deliberated upon in the discussions include the introduction of minimum requirements for asset size, professionally qualified employees, working capital and professional indemnity arrangements.

Read the original

Brummel

Relocation, relocation, relocation

Banks have never been shy of firing staff at the merest whiff of a downturn. First the fat, then the muscle and finally the bone. In the past, cuts have been so deep that firms have found it hard to benefit when the markets rebounded, paying over the odds to restaff at speed. Such wild oscillations in staffing numbers are known as “doing a Merrill”.

Rich Monitor

Australian billionaire gambles on China

Australia's wealthiest man last weekend took a big step toward creating the biggest coal mine this resource-rich nation has ever seen.

2nd Floor, Stapleton House, 29-33 Scrutton Street, London, EC2A 4HU

Tel: +44 (0) 20 7309 7788

Company No 3089347