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NEW YORK: US public pension funds are embracing currency hedging to bolster returns that have soured in the past year and to prevent further buffeting from extreme market movements.
KUALA LUMPUR: Net selling by foreign funds rose to RM9.8bil since January but it still remains as the country with the second lowest outflow amongst the Asean markets monitored by MIDF Research.
SINGAPORE: Commodity trader Noble Group Ltd. has disclosed the identities of its new owners, detailing the hedge funds that’ll control most of the shares in the embattled company after its marathon $3.5 billion debt-for-equity restructuring is completed within the next two weeks.
BARISAN National assemblymen want the state government to investigate any wrongful use of Malaysian Road Record Information System (Marris) funds.