{"id":11103,"date":"2009-07-24T00:00:00","date_gmt":"2009-07-24T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"neptune-buys-man-group-sees-ma-among-fund-firms","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2009\/neptune-buys-man-group-sees-ma-among-fund-firms.html","title":{"rendered":"Neptune buys Man Group, sees M&#038;A among fund firms"},"content":{"rendered":"<p>Reuters &#8211; Equity investors are too negative about the hedge fund industry, says Neptune&#8217;s Jeremy Smith, who has recently bought shares in Man Group and expects more consolidation among traditional fund firms.       <\/p>\n<p>Smith, who manages the 42 million-pound Neptune UK Equity fund, said that while performance of Man&#8217;s flagship AHL managed futures strategy has been poor this year, shares in the world&#8217;s biggest listed hedge fund firm still look cheap.<\/p>\n<p>&#8221;A lot of fund managers have written off the hedge fund industry but from anecdotal evidence it seems a lot of money is being raised&#8221; he said at a briefing with reporters late on Wednesday.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/euHedgeFundsNews\/idUSLNE56M03N20090723\" target=\"_blank\" title=\"Read Complete Article\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Equity investors are too negative about the hedge fund industry, says Neptune&#8217;s Jeremy Smith, who has recently bought shares in Man Group and expects more consolidation among traditional fund firms. Smith, who manages the 42 million-pound Neptune UK [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[14522,5754,12642,1806,6594,720,11148,14521,1749,4984,48,556,4326,194],"class_list":["post-11103","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-anecdotal-evidence","tag-consolidation","tag-equity-investors","tag-equity-fund","tag-flagship","tag-fund-managers","tag-hedge-fund","tag-jeremy-smith","tag-man-group","tag-managed-futures","tag-money","tag-neptune","tag-reuters","tag-uk-equity"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=11103"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11103\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=11103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=11103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=11103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}