iPhone

Meet Asia's largest hedge fund (It also makes iPhones): Gadfly

In operation for more than 40 years, this outfit has grown to $106 billion in assets with investments in more than a dozen countries. Most of that is in China. Its returns probably wouldn't have you popping champagne – 12.8 percent last year on a return-on-equity basis, 4.6 percent if you're looking at return on assets. But it has never posted a loss, so that's something.

3 April 2018
0

iPhones cheaper in Asia than in Sydney

Aussies hoping to buy the new iPhone are likely to be forking out more than most countries in Asia.Australia has slumped to 25th out of 57 countries for iPhone affordability in US dollar terms, from 17th place 12 months ago and fifth cheapest two years earlier, according to an index compiled by Commonwealth Bank of Australia’s securities unit.

12 September 2017
0