Magic Johnson Backed Fund Hits Headwinds

March 22 (Bloomberg) -- Yucaipa is cutting fees for investors and founder Ron Burkle will forego his annual management fee until the fund’s investors recoup money that they lost according to the New York Times' Dealbook, citing unidentified people familiar with matter. Betty Liu reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)
H-Shares Valuations Still Attractive: UBS Wealth's Tay
14:16 - Kelvin Tay, Singapore-based chief investment officer for Southern Asia Pacific at UBS Wealth Management, talks about China's stocks and central bank policy. Tay also discusses Greece's debt problems and their implications for European and Asian markets. He speaks with Yvonne Man on Bloomberg Television's "First Up." (Source: Bloomberg)
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