A number of hedge fund firms have a hot product. It’s not their hedge funds. Och-Ziff Capital Management’s investors withdrew $418 million from its hedge funds in the second quarter. Total inflow of assets under management, however, were $1.2 billion, its largest increase in assets in four years. The firm’s hot product: Collateralised loan obligations — a derivative debt investment ...

The trade dispute with the US hangs like an ax over China’s economy, but for the country’s real estate developers, it’s a boon. Onshore funding is opening up and the government is once again smiling on higher prices. Property investors should be doubly relieved: Beijing’s measures to rein in financial risk and cut developers’ access to debt have so far ...

There’s no denying that, since Donald Trump was sworn in as president in January 2017, the US economy has been doing quite well. Growth in real gross domestic product has been steadily accelerating. Strong job growth has also continued, with gains in nonfarm payroll employment even accelerating a little this year, which is pretty remarkable this deep into an economic ...