Monday, 24 November 2014
Last updated 2 hours ago
Feb 22 2011 | 11:31am ET
The Man Group plans to grow in Asia organically, adding fund managers and pouring more money into the region, rather than seeking to acquire an existing regional powerhouse, CEO Peter Clarke said.
Clarke, in an interview with the German business newspaper Handelsblatt, said his firm would seek no big acquisitions in Asia. The statement jibes with previous proclamations from the world's largest publicly-traded hedge fund firm that, following its purchase of GLG Partners last year, it would not be in the market for any other blockbuster deals.
Instead, Clarke said that Man planned to grow closer to its Asian clients by investing more money in the region and by hiring teams of managers there.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...