BEIJING - According to fund research firm EPFR Global, investors are investing billions of dollars more in US equity funds than in Chinese ones."The baton seems to be handed over," said Cameron Brandt, director of research at EPFR, in an interview on Friday. "Many investors believe that the...
Credit Suisse Bank.NurPhoto | NurPhoto | Getty ImagesLONDON - Credit Suisse warned Monday of a "highly significant" decline in its first quarter results after starting exiting positions in a large US hedge fund that defaulted on margin calls last week.In a trading update prior to the market...