Hedge fund eyes India
Article Abstract:
Newly established fund management company Geomatrix (H.K.) Ltd. is introducing a new system of fund management wherein returns are secured by investing in accelerating markets. The company developed a model which analyzes which country has a fast growing economy and offers a high yield on stocks. The model is based on indicators collected by the Institutional Broker Estimate System. With the investment model, Geomatrix estimates that its Pacific Hedge Fund's holdings will reach at least 55% of its net asset value in a few weeks. The fund has moved from a net asset value of 2% to 28% in a matter of days only.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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PIHB will shed its stodgy image, analysts predict
Article Abstract:
Pernas International Holdings Bhd. (PIBD) has started its restructuring after completing a $201-million management buyout in Aug 1996. The company has increased the number of its hotels to 11 and doubled its lettable office space to two million sq ft. The company has sold its 49% interest in Pernas Sime Darby to conglomerate Sime Darby. PIBD, which also owns palm-oil plantations, is planning to diversify into real-estate development and toll-road operations.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Ambivalence could greet KUB listing
Article Abstract:
KUB Malaysia is planning to list itself in the stock market despite the market's volatility. The listing would enable the company to exploit the opportunities in the market by giving it the corporate structure it needs. The company has excellent political connections that may come in handy and the profitability of the company is also seen to boost the sale of its securities.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Comment about this article or add new information about this topic:
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