City Developments Profit Drops Despite Jump in Property Business

[ad_1] City Developments Ltd., run by Singapore’s richest real estate empire, posted a 94% drop in its first-half profit, as the absence of divestment gains booked a year earlier masked…

Hedge Funds Copy Citadel Fee Model in Fight for Top Asia Traders

[ad_1] Several hedge funds in Asia are starting to mimic global giants like Citadel and Millennium Management by charging clients additional fees to cover costs ranging from employee compensation to…