Wednesday, 1 October 2014
Last updated 2 hours ago
Oct 19 2010 | 1:41am ET
The Man Group, fresh from its acquisition of GLG Partners, is preparing to put its new stable of hedge funds to work for its old one.
Man CEO Peter Clarke said the London-based hedge fund behemoth will launch its first product combining GLG funds and its own flagship, AHL, early next year. The two firms completed their US$1.6 billion merger on Thursday, creating a firm with some US$63 billion in assets.
"The markets remain a little bit volatile and investors are still a bit cautious about applying risk capital to their portfolios, but this is a fantastic product and in the long term I think will be a mainstay of the Man product offering," Clarke told Cantos.
The new GLG-AHL product will debut in the first quarter.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...