Tag Archives: real-estate-investment-trusts
Executive leaves hedge fund Citadel
Reuters – A Citadel Investment Group LLC executive who ran an unprofitable credit investment group for the large hedge fund company has resigned, a person familiar with the matter said on Friday. Joe Russell, who was instrumental in making Citadel’s […]
Turnberry Capital to liquidate its fund
Stamford Advocate – A Greenwich hedge fund company is among hundreds of the risky investment entities that have closed or are projected to close this year amid volatile equity and commodity markets. Turnberry Capital Management told investors last week that […]
Man says demand for fund products remained strong
Reuters – Man Group Plc, the world’s biggest listed hedge fund company, said demand for its fund products had remained strong in the first quarter and it was confident about its prospects for the full year. Sales in the three […]
Man Group year profit surges 60%
Reuters- Man Group, the world’s biggest listed hedge fund company, posted a 60 percent rise in annual profit on Thursday, riding turbulent financial markets to show strong growth in funds under management which fuelled record management fees. Chief Executive Peter […]
False Asset Statments Lead to Conviction
West Palm Beach (HedgeCo.net)- Kirk Wright’s Atlanta-based hedge fund company, International Management Associates, was found to be fraudlent leading to the conviction of the manager, Wright, as the Department of Justice unsealed a March 10 criminal complaint against him. "The […]