{"id":3612,"date":"2005-11-17T00:00:00","date_gmt":"2005-11-17T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"company-says-many-refco-clients-have-stuck-with-firm","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2005\/company-says-many-refco-clients-have-stuck-with-firm.html","title":{"rendered":"Company says many Refco clients have stuck with firm &#8211; MarketWatch"},"content":{"rendered":"<p>  (Bloomberg) &#8212; Man Group Plc, the world&#8217;s largest hedge fund company, gained $1 billion of net new investments in the first half and said fees linked to fund returns jumped.<\/p>\n<p>  The company also raised 125 million pounds ($214 million) in a share sale to bolster capital after agreeing to buy assets from bankrupt U.S. futures broker Refco Inc. Performance fees rose to $166  million in the six months ended Sept. 30, from $31 million in the year-earlier period, Man Group said today in a statement.<\/p>\n<p>  Man Group, based in London, is bucking a trend of declining inflows and returns in the $1.1 trillion hedge fund industry. European hedge fund assets expanded at half the pace in the first half of  2005 as in the previous six months, according to a Eurohedge magazine survey from September.<\/p>\n<p><a href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7BBD742D1D-4457-4980-99B5-104CDA73973F%7D&amp;siteid=google&amp;dist=\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) &#8212; Man Group Plc, the world&#8217;s largest hedge fund company, gained $1 billion of net new investments in the first half and said fees linked to fund returns jumped. The company also raised 125 million pounds ($214 million) in [&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":[],"class_list":["post-3612","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3612","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=3612"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3612\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}