Thursday, 25 December 2014
Last updated 1 day 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.
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.