UK's largest hedge funds manage 82% of assets

Hedge funds manage $470 billion (£285 billion) in the UK, with 82 per cent of the assets controlled by just 20 large firms, the City regulator revealed today.

Gulf funds may take stake in EDF's UK nuclear project - paper

PARIS (Reuters) - Gulf state funds could take a stake of up to 15 percent in French utility EDF's (PAR:EDF) 16 billion pound project to build two nuclear reactors at Hinkley Point in the UK, French financial daily Les Echos reported.