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January 03, 2012, 11:03 PM EST By Andrea Tan Jan. 4 (Bloomberg) — Citigroup Inc.’s Singapore unit sued Hong Kong-based hedge fund manager Raghavendran Rajaraman, seeking to recoup $1.03 million in trading losses the bank says he incurred after gold fell from a record high in September. Rajaraman had $19.2 million worth of …
3 degree asset management os874/2011 business, companies, economy, headlines, industry, politics, world related resources, links and photos coming from selected websites .3 Degrees Asset Management Pte Ltd3 Degrees is a private, independent asset management firm. We specialize in the active management of private client accounts, credit strategies and corporate advisory …http://www.3degrees.com.sg/ ..3 Degrees Asset Management …
3 Degrees Asset Management, a hedge fund which helps manage $215 million, was asked by Singapore’s central bank to shutter its operations following allegations that founder Moe Ibrahim diverted assets. 3 Degrees is trying to overturn a decision by the Monetary Authority of …
The Monetary Authority of Singapore (MAS) has, in a rare move, told Singapore hedge fund manager 3 Degrees Asset Management to cease operations, following allegations its founder had lent money to another company he controlled.Mohamed Ibrahim, better known in the industry as Moe Ibrahim, and his firm 3 Degrees, are challenging the central bank’s decision, …
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