{"id":37160,"date":"2013-08-02T09:01:11","date_gmt":"2013-08-02T13:01:11","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=37160"},"modified":"2013-08-02T09:01:11","modified_gmt":"2013-08-02T13:01:11","slug":"man-group-rises-as-profit-beats-estimates-on-glg-performance","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2013\/man-group-rises-as-profit-beats-estimates-on-glg-performance.html","title":{"rendered":"Man Group Rises as Profit Beats Estimates on GLG Performance"},"content":{"rendered":"<p>Bloomberg &#8211; Man Group Plc, the world\u2019s largest publicly traded hedge-fund manager, rose in London trading after its first-half earnings surpassed analysts\u2019 estimates, helped by higher performance fees at its GLG Partners unit.<\/p>\n<p>Adjusted pretax profit rose 9.8 percent to $134 million, with fees for investment gains more than tripling to $90 million, the London-based company said in a statement today. That beat the $84 million pretax profit estimate of RBC Capital Markets analyst Peter Lenardos and the $95 million forecast by Barclays Plc analyst Daniel Garrod.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2013-08-02\/man-group-rises-after-first-half-profit-beats-analyst-estimates.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; Man Group Plc, the world\u2019s largest publicly traded hedge-fund manager, rose in London trading after its first-half earnings surpassed analysts\u2019 estimates, helped by higher performance fees at its GLG Partners unit. Adjusted pretax profit rose 9.8 percent 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-37160","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/37160","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=37160"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/37160\/revisions"}],"predecessor-version":[{"id":37162,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/37160\/revisions\/37162"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=37160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=37160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=37160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}