Top fund managers unfazed by dips in an overheated market
The world's biggest fund managers are relaxed about August's wobbles in an unrelentingly rising market and predict a benign investment climate for the rest of the year. (FN)
US hedge funds to take over Co-op Bank
US hedge funds — including BlueMountain Capital and Cyrus Capital Partners — are set to take control of Co-operative Bank after its members approved a £700m rescue package for the troubled UK lender. (Independent)
