Tax incentives for Funds and Fund Managers in Singapore. Singapore is a key location for fund managers of private equity, real estate and hedge. funds to be based in, especially for investments into the Asia Pacific region.
The basketball world mourned the passing of one of its most cherished and iconic members Monday. Longtime Los Angeles Lakers owner Dr. Jerry Buss, 80 years old, passed away Feb. 18 due to kidney failure after receiving cancer treatment for 18 months, according to ESPN. The Lakers, however, had the unenviable task of returning their thoughts to business in this time of tragedy.
Michael Jordan Becomes Majority Owner of Charlotte Bobcats. Hall of Famer and six-time NBA champion Michael Jordan is now majority owner of the Charlotte Bobcats. According to ESPN, the NBA Board of Governors approved Jordan's $275 million purchase of the team on Wednesday. MJ has been serving as a minority investor with final say on basketball decisions since 2006, and he will now take over the team from former owner Bob Johnson.