{"id":15914,"date":"2010-05-28T05:40:07","date_gmt":"2010-05-28T09:40:07","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=15914"},"modified":"2010-05-28T05:40:07","modified_gmt":"2010-05-28T09:40:07","slug":"man-returns-underscore-rationale-behind-glg-move","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2010\/man-returns-underscore-rationale-behind-glg-move.html","title":{"rendered":"Man returns underscore rationale behind GLG move"},"content":{"rendered":"<p>Financial Times &#8211; Mixed returns and heavy redemptions from clients at Man Group  underscored plans to acquire rival GLG Partners, management at the FTSE  100 listed hedge fund said in its full-year results released yesterday.<\/p>\n<p>Pre-tax  profits at Man, one of the world&#8217;s largest hedge fund managers, were  down 27 per cent to $541m (\u00a3372m) on revenue that dropped 46 per cent to  $1.35bn for the year to March 31.<\/p>\n<p><a href=\"http:\/\/www.ft.com\/cms\/s\/0\/3c3112a0-69ef-11df-a978-00144feab49a.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Financial Times &#8211; Mixed returns and heavy redemptions from clients at Man Group underscored plans to acquire rival GLG Partners, management at the FTSE 100 listed hedge fund said in its full-year results released yesterday. Pre-tax profits at Man, one [&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-15914","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/15914","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=15914"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/15914\/revisions"}],"predecessor-version":[{"id":15915,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/15914\/revisions\/15915"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=15914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=15914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=15914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}