fund management

Broker's Calls

This developer remains the best proxy to a residential segment recovery: RHB

SINGAPORE (Mar 20): RHB is resuming coverage on City Developments (CDL) with an upgrade to “buy” from “take profit”, and a revised target price of $15 from $11.30 previously on expectations of an i

Funds

Singapore eDevelopment fund achieves 10% net return in first year

SINGAPORE (June 15): Singapore eDevelopment (SeD) says its Global Systematic Multi-Strategy Fund has achieved a gross and net return of 15% and 10% respectively in its first year of operation.

In print this week

Marvelstone Capital to launch robo-advisor platform for family offices in Asia

SINGAPORE (March 31): Marvelstone Capital plans to launch a new robo-advisor platform in 3Q this year, which is to be available on desktop and mobile for the asset management company’s clients.

CWG’s Richmont Capital launches US$20 mil fund to invest in group’s overseas projects

SINGAPORE (March 17): Shanghai Richmont Equity Investment Management (Richmont Capital), the wholly-owned fund management subsidiary of property developer CWG International, will be launching a US$

Broker's Calls

GLP started at ‘buy’ by UOB on asset-light appeal

SINGAPORE (Nov 23): UOB Kay Hian has started coverage of Global Logistic Properties (GLP) with a “buy” call and target price of $2.40, citing its transformation into an asset-light model.

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