Unit Of Alibaba Turns A Mom Into A Multibillionaire

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Unit of Alibaba turns a mom into a multibillionaire

People ride a double bicycle past a logo of the Alibaba Group at the company’s headquarters on the outskirts of Hangzhou, Zhejiang province Nov 10, 2014.[Photo/Agencies] The mother of Jack Ma’s private-equity fund partner became a billionaire following a higher valuation of Alibaba Group Holding Ltd’s finance affiliate last week. Wang Yulian owns 4.6 percent of…

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This Too Value Fund Explains Why Turkey Is Ripe For Investment Right Now

TurkeyThe Talas Turkey Value Fund returned 9.5% net for the first quarter on a concentrated portfolio in which 93% of its capital is invested in 14 holdings. The MSCI Turkey Index returned 13.1% for the first quarter, while the MSCI All-Country ex-USA was down 5.4%. Background of the Talas Turkey Value Fund Since its inception Read More

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