Sunday, 28 December 2014
Last updated 3 days 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.