China funds cut suggested equity allocations as hopes for recovery evaporate: Reuters poll

(Reuters) - Chinese fund managers will cut the proportion of their portfolios invested in stocks over the next three months, following July's upward trend, as hopes for a quick economic recovery falter, a Reuters poll shows.

Temasek Invests in Health-Care, Consumer Firms to Tap New Growth

Temasek Holdings Pte is increasing investments in consumer, technology and health-care companies as Singapore’s state-investment firm becomes less reliant on financial assets.

GIC Buys 50% of Broadgate From Blackstone in British Land Tie Up

GIC Pte bought Blackstone Group LP (BX)’s 50 percent stake in London’s Broadgate office complex in the latest overseas acquisition for the Singapore sovereign wealth fund as it seeks stable returns from real estate.

Co-op forced to consider hedge fund plan

Two US hedge funds have forced the Co-operative Bank to set up an independent committee to review the American investors' plan to turn the 140-year-old mutually owned bank into a listed company.

Africa investment boom sees beyond conflict-driven headlines

LONDON (Reuters) - Turmoil in Tunisia? Conflict in Mali? Fraught elections in Kenya? Investment in Africa is thriving regardless.

Africa investment boom sees beyond conflict-driven headlines

LONDON: Turmoil in Tunisia? Conflict in Mali? Fraught elections in Kenya? Investment in Africa is thriving regardless.

China to build Free Trade Zone in Shanghai

BEIJING: China has announced plans to set up a pilot free trade zone (FTZ) this year in Shanghai's Pudong New Area, the booming city's financial and commercial hub.

New euro bailout fund may not have enough staff

BERLIN (Reuters) - An external consulting firm charged with evaluating the structure of Europe's new permanent rescue facility has raised questions about whether it will have enough staff to function effectively, according to documents seen by Reuters.