Wednesday, 20 August 2014
Last updated 36 min ago
Nov 29 2010 | 10:03am ET
Artemis Investment Management has already profited from Gartmore Group's troubles, having swooped in to snare its Growth Opportunities Trust after that fund fired Gartmore. But the money manager doesn't appear to be stopping there.
Artemis is among a handful of funds of hedge funds and asset managers mulling a reverse-merger with Gartmore, which has been slammed with redemptions following the resignation of top hedge fund manager Roger Guy earlier this month. Gartmore quickly moved to seek a buyer, hiring Goldman Sachs to consider strategic alternatives for the firm.
In September, Gartmore's Growth Opportunities Fund voted to merge with Artemis' Alpha Trust. The fund fired Gartmore after manager Gervais Williams left the firm earlier this year.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note