{"id":25844,"date":"2011-11-04T00:12:18","date_gmt":"2011-11-04T04:12:18","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=25844"},"modified":"2011-11-04T00:12:18","modified_gmt":"2011-11-04T04:12:18","slug":"man-group-shares-rise-on-buyback-october-decline-in-client-redemptions","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2011\/man-group-shares-rise-on-buyback-october-decline-in-client-redemptions.html","title":{"rendered":"Man Group Shares Rise on Buyback, October Decline in Client Redemptions"},"content":{"rendered":"<p>Bloomberg &#8211; Man Group Plc,\u00a0\u00a0the biggest publicly traded hedge fund, said it would buy back $150 million of stock and that redemptions declined in October. The shares rose.<\/p>\n<p>Man Group plans to use a portion of its $1 billion of surplus regulatory capital to repurchase shares, the London- based company said in a statement today. Chief Executive Officer\u00a0Peter Clarke\u00a0said requests by clients to pull money declined last month from September after investors became less concerned that\u00a0Europe\u2019s sovereign debt woes would trigger a global financial crisis.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2011-11-03\/man-group-first-half-pretax-profit-drops-as-eu-debt-crisis-roils-markets.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Man Group Plc,\u00a0\u00a0the biggest publicly traded hedge fund, said it would buy back $150 million of stock and that redemptions declined in October. The shares rose. Man Group plans to use a portion of its $1 billion of [&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-25844","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25844","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=25844"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25844\/revisions"}],"predecessor-version":[{"id":25845,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25844\/revisions\/25845"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=25844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=25844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=25844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}