Opalesque Exclusive: Pacific Sun Advisors cleared in Hong Kong... [more]Bailey McCann, Opalesque New York: After a three year long and expensive court battle, Pacific Sun Advisors and Andy Mantel have been cleared of any wrongdoing in Hong Kong. Mantel and his firm went before the Court of Final Appeal in its case with the Chinese Securities and Futures Commission
Institutional investors reduce energy exposures in Q4... [more]Komfie Manalo, Opalesque Asia: A study by industry data provider eVestment has found that institutional investors have offloaded their energy stock holdings in the last quarter of 2014 on concerns about global geo-politics, technology and globa
Investing - Hedged-based foreign flows into Japanese equity market... [more]From FXStreet.com: Yujiro Goto, FX Strategist at Nomura, notes that FX hedged-based investment into Japanese equities is strong, with ETF products having been attracting new funds flows for 13 consecutive weeks now.
“After slowing at the beginning of the year, foreign investment in Japanese e
Activist News - Lender, hedge fund face off over fate of RadioShack... [more]From WFAA.com: A legal brawl between lenders erupted in bankruptcy court on Wednesday on the eve of a court hearing to consider results of an auction of RadioShack Corp. assets this week. Salus Capital Partners, which provided a term loan to the Fort Worth-based consumer electronics retailer in 2013
…And Finally - Stolen but not ‘that stolen'... [more]From Newsoftheweird.com: Debra Mason, 58, was arrested for theft of a pickup truck in Destin, Florida, in January -- and according to police, Mason said she knew it was stolen property but "didn't think it was 'that' stolen."
Ten miles away in Mary Esther, Florida, in Febr