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Hedge funds are using their growing influence in financial markets to demand better service from brokers. And after speaking to many of Asia's hedge funds, Asiamoney lists the top ten complaints they have concerning their brokers. Now it's up to the brokers to address them. Keri Geiger reports.
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A total of 1,750 investors representing 894 institutions with US$511 billion under management took part in Asiamoney's largest-ever Brokers Poll. And for the first time in the poll's fifteen-year history CLSA grabs the title of best overall equity brokerage house in Asia-Pacific.
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Tito Mboweni, governor of the South African Reserve Bank is in an ebullient mood.
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This July, Ghana passed a milestone. It became only the 14th country to qualify for full debt relief under the Heavily Indebted Poor Countries (HIPC) programme, in a deal that will see creditors write off $3.5 billion of debt in nominal terms
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With the United Nations selecting the United Arab Emirates' anti-money-laundering law as a model for other countries to follow, central bank governor Sultan Bin Nasser Al Suwaidi can feel proud that his policies are being recognized at the highest level