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Property 17 Mar 2021 | 7:00 AM

Australia’s Dexus to merge fund with AMP Capital

SYDNEY: Australian real estate developer Dexus said yesterday it had struck a deal to merge an unlisted property fund with a diversified real estate investment fund run by AMP Capital.

Business 04 Mar 2021 | 7:00 AM

Billionaire fund manager pays US$105mil in tax case

NEW YORK: A billionaire hedge fund manager has paid US$105mil to New York, the biggest fine of its kind in the state, after being accused of dodging tax liability in 2017 on hundreds of millions of dollars in deferred investment fees.