FT Buys Medley Global, Intelligence Provider To Hedge Funds

Feb 3 2010 | 11:54am ET

The Financial Times has bought Medley Global Advisors, a macroeconomic policy intelligence company that counts many hedge funds among its clients.

Terms of the deal were not disclosed, but MGA’s assets were estimated to be about US$7.3 million at the end of last year. MGA was founded in 1997 by Richard Medley, a former political strategist to hedge fund honcho George Soros, and has about 45 employees.

The FT, which is owned by educational publisher Pearson, is seeking to shift more of its business into premium subscription services and away from advertising-based publications, which have taken a big hit during the recent financial crisis. The company said that MGA’s core subscribers, among them the world’s top banks, hedge funds and money managers, had maintained their subscriptions to MGA.

In Depth

Q&A: Biotech Investing with Crossover Fund RA Capital

Sep 15 2015 | 5:40pm ET

Boston-based RA Capital Management is an intriguing mix of sophisticated life sciences...


Citadel Supports Manhattan Real Estate With Record Deal

Sep 16 2015 | 3:04pm ET

Never count hedge funds out of a big property deal. The Manhattan real estate market...

Guest Contributor

Hedge Fund Marketing To Independent RIA Firms

Sep 30 2015 | 1:56pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth Inc. explains...


Editor's Note

Upcoming Events