{"id":46560,"date":"2015-02-20T08:30:20","date_gmt":"2015-02-20T13:30:20","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=46560"},"modified":"2015-02-20T08:30:20","modified_gmt":"2015-02-20T13:30:20","slug":"man-group-hedge-fund-buys-1-2-billion-newsmith-equities-manager","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2015\/man-group-hedge-fund-buys-1-2-billion-newsmith-equities-manager.html","title":{"rendered":"Man Group Hedge Fund Buys $1.2 Billion NewSmith Equities Manager"},"content":{"rendered":"<p>Bloomberg &#8211; Man Group Plc, the world\u2019s largest publicly traded hedge-fund manager, agreed to buy the equities management business of NewSmith to expand in Tokyo and London.<\/p>\n<p>Man Group, which manages $72.3 billion, plans to complete the deal in the second quarter, it said in a statement on Friday. London-based NewSmith, with $1.2 billion of funds under management, is 40 percent-owned by Sumitomo Mitsui Trust Holdings Inc., Japan\u2019s fourth-biggest bank by market value, which said it supports the deal in a separate statement.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2015-02-20\/man-group-hedge-fund-buys-1-2-billion-newsmith-equities-manager\" 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, agreed to buy the equities management business of NewSmith to expand in Tokyo and London. Man Group, which manages $72.3 billion, plans to complete the deal in the [&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-46560","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/46560","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=46560"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/46560\/revisions"}],"predecessor-version":[{"id":46563,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/46560\/revisions\/46563"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=46560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=46560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=46560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}