{"id":14709,"date":"2010-03-24T08:43:47","date_gmt":"2010-03-24T12:43:47","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=14709"},"modified":"2010-03-24T08:43:47","modified_gmt":"2010-03-24T12:43:47","slug":"man-group-assets-shrink-further","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2010\/man-group-assets-shrink-further.html","title":{"rendered":"Man Group Assets Shrink Further"},"content":{"rendered":"<p>WSJ &#8211; Man Group PLC Wednesday  said its business is continuing to shrink because of poor performance at  its AHL trading program, and estimated full-year pretax profit will be  less than half  that in the previous year.<\/p>\n<p>The hedge-fund operator, which has seen its assets fall to $39.1  billion from a peak of $79.5 billion before the financial crisis, said  it expects pretax profit for the year to be around $530 million,  compared with $1.24 billion in fiscal 2009 and below average analyst  estimates of around $550 million.<\/p>\n<p><a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748703312504575141071827429144.html?mod=WSJ_earnings_LEFTTopHeadlines\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WSJ &#8211; Man Group PLC Wednesday said its business is continuing to shrink because of poor performance at its AHL trading program, and estimated full-year pretax profit will be less than half that in the previous year. The hedge-fund operator, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-14709","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/14709","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=14709"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/14709\/revisions"}],"predecessor-version":[{"id":14711,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/14709\/revisions\/14711"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=14709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=14709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=14709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}