Thanhnien - The PXP Vietnam Value Fund will raise as much as $200 million to invest in undervalued stocks, Snowball said.
 
PXP, the initials of Phan Xi Pang, Vietnam’s highest mountain, is betting that the stock market will recover as inflation eases and the nation’s trade deficit widens at a slower pace. The benchmark VNIndex may […]

Bloomberg - PXP Vietnam Asset Management, which oversees $225 million, plans to start a hedge fund by early next year as it seeks bargains in Asia’s second-worst-performing stock market, said co-founder Kevin Snowball.
The PXP Vietnam Value Fund will raise as much as $200 million to invest in undervalued stocks, Snowball said today.
PXP, the initials […]

Cambridge Varsity Online - Clare College has borrowed £15 million to invest in the stock market. The unprecedented inflation-linked loan is due to be repaid in 2048 and the College expects to make a profit of around £36 million.
Clare has already invested £3.5 million and aims to have invested the full amount within two […]

Times of Malta - The situation in the international financial markets, although still displaying signs of uncertainty, seems to be settling down. Governments in the major economies, US, UK, Germany, France and Italy, no longer seem to be chasing fairies (or bad witches!), but appear to have got ahead of the situation.
The money markets (which […]

Reuters Dubai - Gas exporter Qatar and Vietnam have set up a $1 billion fund (56 million pounds) to invest in sectors including agriculture, a Qatar-based newspaper reported on Tuesday.
Qatari sovereign wealth fund, the Qatar Investment Authority QIA.L, will provide 90 percent of the fund’s equity, Gulf Times reported, citing Phung The Long, Vietnam’s Ambassador […]

CNBC - As losses mount, hedge funds no longer have the ability to drive speculation in the markets, Hugh Hendry, chief investment officer and partner at Eclectica hedge fund told "Squawk Box Europe" on Tuesday.
"There is no role for speculation or speculators today. This is kaput," Hendry said. "If we were Second World War generals, […]

istockAnalyst.com- Investors face something of a new landscape in financial markets this week after tumbling oil and food prices eased immediate concerns about inflation, potentially freeing central banks to fight slow economic growth.
The focus, however, will also be on some old stalwarts - a continuing stream of corporate earnings reports and the U.S. employment […]

Reuters UK- Friends Provident will offer a precious metals fund to retail investors looking for protection against inflation and financial market turmoil, the company said on Monday.
The fund, managed by U.S.-based Castlestone Management, only holds physical gold, silver and platinum. Half of the fund, the Aliquot Precious Metals fund, is invested in gold, 30 percent […]

Reuters- Fund managers are gloomier about equities than at any time in at least the last 10 years and aversion to risk is close to what it was during the Bear Stearns crisis in March, a Merrill Lynch poll showed on Wednesday.
In its July poll of 191 global fund managers, the investment bank also found […]

HONG KONG (Reuters)- As risk appetite for equities and property wanes, investors are willing to endure negative real returns for bonds from China, Singapore and Hong Kong because their economies are seen better equipped to tackle inflation.
Conventionally, bond yields have to be sufficient to compensate investors for their holdings as inflation erodes value over time, […]