{"id":24950,"date":"2011-09-28T07:31:48","date_gmt":"2011-09-28T11:31:48","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=24950"},"modified":"2011-09-28T07:31:48","modified_gmt":"2011-09-28T11:31:48","slug":"jobs-in-glg-funds-look-insecure","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2011\/jobs-in-glg-funds-look-insecure.html","title":{"rendered":"Jobs in GLG funds look insecure"},"content":{"rendered":"<p>eFinancial Careers &#8211; This hasn&#8217;t really to plan; Man Group bought GLG Partners last year to diversify its revenue streams and reduce its reliance on its flagship AHL fund, but it&#8217;s the new acquisition that&#8217;s leaking assets. There&#8217;s reason to believe that job cuts could be coming.<\/p>\n<p>Assets at the world&#8217;s largest hedge fund fell by 8%, to $65bn, between the end of June and 26th September. GLG&#8217;s long-only strategies posted a negative performance of $1.1bn in Q2, and outflows from its fund styles contributed to a $2.6bn decline during the quarter.<\/p>\n<p><a href=\"http:\/\/news.efinancialcareers.co.uk\/newsandviews_item\/newsItemId-35187\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>eFinancial Careers &#8211; This hasn&#8217;t really to plan; Man Group bought GLG Partners last year to diversify its revenue streams and reduce its reliance on its flagship AHL fund, but it&#8217;s the new acquisition that&#8217;s leaking assets. There&#8217;s reason to [&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-24950","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24950","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=24950"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24950\/revisions"}],"predecessor-version":[{"id":24951,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/24950\/revisions\/24951"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=24950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=24950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=24950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}