Funds | Hedge Funds

BEIJING, Dec 17 (Reuters) - Lack of transparency over Chinese government policy is the biggest concern for foreign investors looking to set up yuan funds there, a survey released on Thursday showed.

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LITTLE ELM - The North Texas Tollway Authority adopted its final 2010 budget Wednesday, and it included about $450,000 in new funds to pay for eight additional state troopers to patrol its growing network of highways.

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Hedge funds controlled by Goldman Sachs and GLG have won a vital court ruling over how billions of dollars of clients’ cash held by Lehman Brothers when the US investment bank collapsed should be distributed.

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The nation’s actuaries have warned against the creation of so-called MEGA super funds.

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Japan’s centre-left government, which took power three months ago, will suspend new funds for its joint missile defence system with the United States next year, officials said Thursday.

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MUMBAI, Dec 17 (Reuters) - Indian overnight cash rate at the collateralised market (CBLO) edged higher on Thursday as mutual funds facing redemption pressure were not active lenders, while companies squeezed their bank accounts to pay quarterly taxes.

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The government is spending $40 million in federal stimulus funds to pull water from underground aquifers in drought-stricken California, even as evidence is growing that the well-drilling boom could degrade the quality of water delivered to millions of residents.

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The Baltimore County Health Department has received an additional $160,930 in federal funding to provide more rental assistance to people with AIDS, bringing the total appropriation through 2010 to nearly $2 million. The program offers transportation, education, employment services and counseling to low-income residents coping with HIV and AIDS. The additional funds will mean at least eight more …

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The fate of $426 million in investments - including $300 million in superannuation - is in doubt after regulators took over fund manager Trio Capital’s funds.

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HONG KONG -(Dow Jones)- Hedge funds in Asia excluding Japan rose 34.4% year to date through November, putting them on track to beat last year’s returns and outperform other regional hedge fund indices, data provider and research house Eurekahedge said in its latest report published Wednesday.

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