Tag Archives: man-group
Could E.U. Hedge Fund Plans Cause a Cold War?
New York Times Blogs – A move by the European Commission to adopt proposed regulation for hedge funds could end up igniting a transatlantic regulatory war, one of Britain’s hedge fund veterans warned in an interview with The Financial Times. […]
Reluctant hedge fund mergers
Stuff – The beleaguered hedge fund industry is rife with talk of consolidation, as dwindling asset bases eat into firms’ profits, with the key barriers likely to be hedge fund managers’ egos and poor rewards for sellers. Man Group and […]
Hedge funds hiring IT contractors
eFinancialCareers UK – Man Group has been spending freely on technology over the last year, and is expected to continue to do so going into 2010. To carry out the new projects, it’s been hiring an ever-growing team of contractors, […]
Hedge fund giant eyes a bounceback
Evening Standard – This year could see the bounceback of the hedge fund industry after a pretty disastrous 2008, Peter Clarke , chief executive of the world’s largest publicly quoted hedge fund manager Man Group , said today. But news […]
Man eyes switch to independent valuation
Reuters – Man Group, the world’s largest listed hedge fund firm, is likely to extend the independent valuation of its flagship AHL strategy to calm investors spooked by Madoff, sources familiar with the matter said. AHL, a $25 billion (16 […]
World’s Largest Listed Hedge Fund’s Assets Fall
CNBC – Man Group , the world’s largest listed hedge fund firm, said funds under management are $47.7 billion, down 11 percent from end-December, as clients pulled out assets in the face of falling markets. The firm said net client […]
Man Group to Cut Jobs as Profit Falls, Assets Drop
Bloomberg – Man Group Plc, the largest publicly traded hedge-fund manager, said it will cut its workforce by about 15 percent after fiscal year profit dropped and assets under management declined by a third. Assets fell to $48 billion in the […]
Man Group shares jump as payout is maintained
Marketwatch – Shares in hedge fund manager Man Group jumped around 11% Thursday after the firm maintained its dividend payout and launched a new investment management business. The firm said it expects adjusted pretax profit for the year ending March […]
Biggest Listed Hedge Fund to Sue over Madoff Exposure
CNBC – Shares in Man Group, the world’s biggest listed hedge fund firm, slid on Wednesday after it said funds under management fell 21 percent and that it would sue over its exposure to the Madoff scandal. Man said its […]
Copycat Selling Maroons Investors as Hedge Funds Cash In
Motley Fool – What does the turmoil in the hedge fund world mean to most investors? Losses and more losses. Over the past few weeks, the forced deleveraging of the industry, combined with redemptions by frantic clients, has led to […]
EU Hedge Funds May Face Greater Regulation
New York (HedgeCo.Net) – Those who push for greater transparency of the hedge fund industry had a victory this week, when an EU official all but declared that funds in the European Union will be regulated. Charlie McCreevy, the bloc’s […]
