Wednesday, 17 September 2014
Last updated 16 hours ago
Sep 25 2007 | 3:43pm ET
The Man Group said today that assets under management and earning both rose more than 10% between March and September.
In a note to the London Stock Exchange, Man said it now manages $68 billion, up from $61.7 billion at the end of March and $67 billion at the end of June. Investors are expected to add $7.8 billion to its funds in the six months through the end of September, while redeeming $4.3 billion.
Man said the increase in assets will boost fee income. Net management fee income is expected to rise by more than 15% year-on-year, with performance fee income rising as well.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?