Investors look to China and U.S. after ECB fights deflation risk

(Reuters) - This week's light calendar gives investors room to digest the European Central Bank's radical moves to avert deflation and look beyond U.S. data which, in more normal times, might imply higher interest rates.

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.

Prosperity Adds More Gazprom as Putin Pushes Improvement

Prosperity Capital Management Ltd., whose Russia fund beat 97 percent of peers in the past year, bought more shares of OAO Gazprom (OGZPY) on prospects Russia will push its gas export monopoly to be more efficient.

Qatar to list $12 billion firm with assets from wealth fund

DOHA (Reuters) - Qatar will create a new $12 billion investment firm, backed by blue-chip assets from its sovereign wealth fund, and list it on the local stock exchange, its main institutional backer said on Tuesday.

World’s Cheapest Oil Crimps Alberta Budget With Price Gap

Alberta, Canada’s wealthiest province, will issue more debt and dip into savings to overcome reduced revenue tied to the price gap between the oil it produces and world crude prices.

Israel Hedge Funds Defy Iran Threat Multiplying in Tech Center

Tal Keinan, an Israeli fund manager, was ready for the question he’s always asked when he met with investors in New York in October: Why put your money with a manager whose country Iran has threatened to obliterate.

Nigeria delays $1 bln wealth fund launch to March 2013

ABUJA (Reuters) - Nigeria will begin investing the initial $1 billion allocated to a new sovereign wealth fund by March, a finance ministry statement showed on Thursday, pushing back the launch previously proposed for this year.

Deutsche Bank to trim Dubai investment banking staff: Sources

DUBAI: Deutsche Bank is cutting several senior jobs in its investment banking business in Dubai, including directors, as it cuts costs to adapt to a tougher investment banking environment globally, three banking sources said.

Singapore's GIC alters asset mix on global turmoil

Singapore sovereign wealth fund GIC on Tuesday said its long-term returns held steady in the year to March but it had changed its investment mix amid fears of greater volatility ahead.

Asian hospital operator makes strong trading debut

KUALA LUMPUR, Malaysia (AP) — Asia's largest hospital operator IHH Healthcare surged more than 10 percent in its trading debut Wednesday on Malaysia and Singapore's stock exchanges, defying a downturn in global markets after raising nearly $2 billion in the world's third-biggest IPO this year.

Abu Dhabi's Invest AD bets big on Africa

DUBAI (Reuters) - Abu Dhabi-owned fund Invest AD is betting on its range of investment products to tap growth opportunities in fast-growing Africa, a continent which the state-owned investment firm believes is still undervalued for its potential.

A Contrarian Bets Ireland and Hungary Will Rebound

For months now, a big investor has been betting billions of dollars that two of Europe’s most wounded countries will bounce back from the beating they have taken during the region’s debt crisis.