Euro zone bond clause highlights rich nation default risk

LONDON: When 10 wealthy countries first demanded legal provisions making it easier to restructure government bonds in a crisis, they never thought this would apply to their own debt.

Major borrowers to reduce bank deposits: Fed survey

(Reuters) - Wall Street dealers expect hedge funds, insurance companies and other borrowers to pull some cash from commercial banks when a financial crisis-era deposit insurance program expires at the end of the year, the Federal Reserve said on Thursday.

Chinese firm looks to buy big office complex in London

Beijing: China Investment Corp, (CIC) a USD 410 billion Chinese sovereign wealth fund has evinced interest in buying an 800 million pound (USD 1.3 billion) London office complex, in what could become the latest in an increasing number of international property deals by Chinese buyers.

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.

Brevan Howard Paid Partners 270 Million Pounds Last Year

Brevan Howard Asset Management LLP paid its partners as much as 269.8 million pounds ($436 million) in the 12 months ended in March, more than double the amount it paid them a year earlier, after the hedge fund’s investment performance beat rivals.