Moore Europe Profit Up

Oct 14 2013 | 10:31am ET

Moore Capital Management's London office posted a slightly higher profit last year, one in which the firm posted decidedly middle-of-the-road returns.

Moore Capital Europe earned £32.2 million in 2012, it said in a regulatory filing, on £95 million in revenue. In 2011, the unit earned £26.6 million on £76.6 million profit.

The unit earned the profit despite the departure of star trader Greg Coffey, who left Moore a year ago after four years of disappointing returns.


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...