Wednesday, 1 October 2014
Last updated 4 hours 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.
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...