{"id":9049,"date":"2008-11-06T00:00:00","date_gmt":"2008-11-06T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"man-group-a-consolidator-in-hedge-industry","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2008\/man-group-a-consolidator-in-hedge-industry.html","title":{"rendered":"Man Group a consolidator in hedge industry"},"content":{"rendered":"<p>Reuters &#8211; Man Group plans to be a consolidator in the hedge fund industry in the long-term, said Chief Executive Peter Clarke, who thinks the industry could see redemptions of between a third and a quarter at the year-end. &quot;Consolidation is undoubtedly going to happen &#8230; Longer-term we&#8217;d expect to be a consolidator in these markets,&quot; he told Reuters in an interview on Thursday.       <\/p>\n<p>However, he said the firm was &quot;doing nothing in these markets, there&#8217;s too much uncertainty.&quot;<\/p>\n<p>Clarke also said redemptions in the $1.7 trillion hedge fund industry of between a quarter and a third at the end of the year would be &quot;the right sort of figure.&quot;<\/p>\n<p>&quot;The year-end is seeing significant levels of redemptions,&quot; he said.<\/p>\n<p>  <strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.reuters.com\/article\/innovationNews\/idUSTRE4A524W20081106\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; Man Group plans to be a consolidator in the hedge fund industry in the long-term, said Chief Executive Peter Clarke, who thinks the industry could see redemptions of between a third and a quarter at the year-end. &quot;Consolidation [&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":[2572,2540,276,461,117,1375,243,1114,460],"class_list":["post-9049","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-academics","tag-financial-statements","tag-fourth-quarter","tag-home-loans","tag-investment-arm","tag-materials-companies","tag-percent-stake","tag-rush","tag-unprecedented-boom"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9049","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=9049"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9049\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}