Tuesday, 2 September 2014
Last updated 8 hours ago
May 6 2010 | 1:51pm ET
GLG Partners halved its first-quarter loss as its assets under management soared 69%.
The London-based, New York-listed fund said it lost $60.8 million in the first quarter, down from $120.9 million a year earlier.
GLG’s assets under management rose to $23.67 billion, in part from $954 million in net inflows. Management fees rose 24% year-on-year, while performance fees plummeted 75%.
The firm’s revenue rose 3.9% to $53.7 million.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...