Idea with strings attached: regional-aid plan won't likely stay exclusive
Article Abstract:
The plan of Southeast Asian countries to establish a $100 billion bailout fund to guard against currency devaluation is likely to involve other entities such as Western financial organizations. The mutual fund is being predicted to rival the IMF and the World Bank and is being contested by the world's financial elite. There is no way of telling if the fund would push through or not as Southeast Asian countries are too busy trying to keep their currencies from depreciating further to discuss plans.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Singapore fund manager claims to have a model path to profits
Article Abstract:
Koeneman Capital Management head John K. Koeneman claims to have developed a new investment strategy that provides investors with high returns while avoiding losses. Dubbed the 'long/short strategy,' Koeneman's technique is based on the aggressive short-selling tactics of hedge funds but is supposedly safe enough for the most cautious investors. Skeptics have dismissed Koeneman's claims, saying that it was difficult to believe in a product that guaranteed against losing periods.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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First closed-end fund in Malaysia has its perks
Article Abstract:
Malaysia's first closed-end fund, the Seacorp-Schroder SmallCap Fund, could be an attractive buy for long-term investors. The fund focuses on Malaysian firms with capitalization below M$1.5 billion, and allocates 10% of its capital to unlisted companies and another 10% to regional investments.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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