{"id":8937,"date":"2008-10-23T00:00:00","date_gmt":"2008-10-23T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"man-group-rises-as-flagship-ahl-fund-posts-fourth-weekly-gain","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2008\/man-group-rises-as-flagship-ahl-fund-posts-fourth-weekly-gain.html","title":{"rendered":"Man Group Rises as Flagship AHL Fund Posts Fourth Weekly Gain"},"content":{"rendered":"<p>Bloomberg &#8211;&nbsp;Man Group Plc, the largest publicly traded hedge-fund manager, rose in London trading after its biggest pool reported gains for a fourth consecutive week. <\/p>\n<p>&#8220;It increases the probability that they will be earning performance fees on the fund,&#8221; said Gurjit Kambo, an analyst at Numis Securities, who rates the stock an &#8220;add.&#8221; <\/p>\n<p>AHL Diversified Plc gained 1.9 percent in the week to Oct. 20, and is up 12 percent in the past 12 months, Man said in a statement yesterday. AHL, whose computer-trading program dictates about a third of Man&#8217;s investments, is now closer to its so-called high-water mark, the level above which the firm begins to collect performance fees. <\/p>\n<p>London-based Man rose as much as 6.1 percent and was up 14.5 pence at 368.5 pence by 10:10 a.m. The stock has gained 16 percent so far this week, valuing Man at about 6.3 billion pounds ($10.3 billion). <\/p>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=newsarchive&#038;sid=aTPkn9tC.QDI\" target=\"_self\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211;&nbsp;Man Group Plc, the largest publicly traded hedge-fund manager, rose in London trading after its biggest pool reported gains for a fourth consecutive week. &#8220;It increases the probability that they will be earning performance fees on the fund,&#8221; said [&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":[314,3246,461,1671,2888,735,558,2100,149,630,3343,353],"class_list":["post-8937","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-finance","tag-fixed-income-investing","tag-home-loans","tag-leading-the-way","tag-malfeasance","tag-many-things","tag-new-homes","tag-oz","tag-proceeds","tag-reverse-takeover","tag-ski-resort","tag-stocks"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8937","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=8937"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8937\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}