Hedge fund Elliott may attract $5B in new funding

Source: Dukascopy Bank SA
Elliott Management Corp, the US hedge fund, could attract $5B in a new round of funding to establish a war-chest for cheaper assets amid its preparations for a market downturn, according to the Financial Times.
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Sun, 22 Sep 2019 12:35:32 GMT

Brookfield, Dubai's Meraas form $1.4B retail JV

Dubai's Meraas Holding and Brookfield Asset Management have agreed to establish a joint venture worth $1.4B, seeking to operate Meraas' retail assets, including Dubai sites City Walk, The Beach and La Mer.

Sun, 22 Sep 2019 10:21:39 GMT

Vasle stresses need to take more action

Bostjan Vasle, a member of the ECB Governing Council, highlighted on Sunday the complexity of the situation in the global economy and noted that the ECB would be required to take more action in coming years.

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