09/13/2016

China and World Bank form firm to fund Africa projects

The joint investment firm intends to adopt a multilateral strategy for infrastructure finance like the Asian Infrastructure Investment Bank and the New Development Bank also known as the BRICS Bank which have nearly 60 nations as shareholders.

09/08/2016

Point72 Opens Blue Swell Asia Unit for Manager Seeking Autonomy

Point72, which manages $11 billion, and its predecessor SAC Capital Advisors over the years have started similar divisions for some fund managers seeking more freedom, including the creation of a quantitative unit called Cubist Systematic Strategies.