South Africa to set up wealth fund, state bank to improve financial access
The plans for both proposals were announced by President Cyril Ramaphosa in his 2020 State of the Nation Address...
Tag : hedge funds
Understating Riskiness Through Window Dressing
Window Dressing may make a fund appear more attractive, but the stock will tend to decline after a certain period. 5th September 2013 Consider this scenario, share prices on Philippine Stock Exchange opened higher last Friday (August 3oth), extending Thursday’s rebound as positive sentiment over higher than expected gross domestic product (GDP) output in the...
Vulture Funds Threat to HIPC
The term “vulture fund” refers to a hedge fund that seeks to profit by buying up the distressed debt on secondary markets at a below par price, and then trying to recover ten times the purchase price, often by suing in U.S. or European courts. 26th August 2013 Last month, two hedge funds took a...