Och-Ziff, the US hedge fund manager that has suffered a drop of over 25% on its investments in Asia this year, has hired a team of real estate portfolio managers to its property team in the region.

Och-Ziff Asia Real Estate has appointed four senior investment professionals from Morgan Stanley Real Estate to help build its property businesses across Asia.

Och-Ziff adds four to Asia real estate team

Lauren Willington

Morgan Stanley Real Estate

BlackRock’s drive into private assets should worry smaller rivals — again

Schroders’ new team must deliver or pressure for break-up will grow

EU’s response to Trump trade war could add to UK’s Brexit damage

Ex-EY managing partner Andy Baldwin joins IBM Consulting

https://images.fnlondon.com/im-44745761?size=1.5

Baldwin left EY after losing out on the CEO role last year

Fiera Capital managing partner Catherine O’Reilly exits

https://images.fnlondon.com/im-12269829?size=1.5

The former Goldman Sachs  and TCI Fund Management employee has also stepped down from her board role at UK trade body the Investment Association

Who is JPMorgan’s new UK private banking boss?

https://images.fnlondon.com/im-46763652?size=0.7

Maricé Brown is ‘JPMorgan through and through’ but is an unfamiliar name in the City

Tesla’s sales in the European Union logged another steep decline in May, continuing a downward trend for Elon Musk’s electric-vehicle maker even as the bloc’s EV market shows signs of growth.

Tesla’s EU Sales Slumped in May Despite EV Market Growth

Oil prices rose as investors closely monitored the stability of the Israel-Iran cease-fire and as traders focused on negotiations between the U.S. and Iran.

Oil Rises as Traders Monitor Cease-Fire, But Weekly Losses Top 10% 

How a band of brew-swilling detectives brought down Scotland’s ‘Mr. Tea’

On-and-off trade battles, hot wars and deportations make it tough to predict where the U.S. economy is headed.

U.S. Attack on Iran Injects Uncertainty Into Already Uncertain Economy

Texas and Oklahoma have banned some banks from state contracts, saying they discriminate against the gun and fossil-fuel industries.

By Alexander Saeedy, AnnaMaria Andriotis and Dylan Tokar

 Big Banks, Worried About Being Trump’s Next Target, Race to Appease Republicans

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Financial News

Tesla’s EU Sales Slumped in May Despite EV Market Growth

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The Great Scottish Tea Swindle

U.S. Attack on Iran Injects Uncertainty Into Already Uncertain Economy

Big Banks, Worried About Being Trump’s Next Target, Race to Appease Republicans