Venture Capital
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. AMP Capital has averted a showdown with a hedge fund over its China Growth Fund and unveiled a timetable to improve its performance. A unit holder meeting called for Oct. 30 by LIM Advisors, a Hong Kong-based hedge fund overseeing about $2 billion, won’t go ahead, AMP said in a statement to the Australian stock exchange Monday. The Sydney-based asset manager will instead call a meeting in July after evaluating measures to...