‘Liz Truss-lite’: Is Japan in the midst of a sovereign debt crisis? Markets Japan’s long-dated bonds suffered their worst sell-off this century on Tuesday. Ali Lyon asks whether the rout could spark a full-blown debt crisis? For decades, the world’s fixed income investors have been sucked in – and spat out – by an alluring trade on Japan’s government bonds. Secure in their belief that the securities’ unfathomable, [...]
Citadel’s Griffin condemns Trump’s Federal Reserve attack Economics Donald Trump’s onslaught against the Federal Reserve is a political misstep that will put “he and his party in a precarious position”, Citadel founder Ken Griffin has said, in one of the most stinging rebukes from a US business luminary since the White House launched legal action against the central bank last week. Speaking at [...]
‘Critical growth hub’: Hedge funds drive demand for office space in London property Over $13.1 trillion (£10.4 trillion) in assets are managed in London, and the capital has remained the world's second-largest centre for hedge funds and private equity firms globally after New York.