|Bid||183.95 x 68000|
|Ask||184.05 x 219800|
|Day's range||183.50 - 186.60|
|52-week range||148.60 - 219.20|
|PE ratio (TTM)||12.03|
|Forward dividend & yield||0.08 (4.56%)|
|1y target est||N/A|
EMG operates in the capital markets sector, which has characteristics that make it unique to other industries. Understanding these differences is crucial when it comes to putting a value onRead More...
The sun hasn’t yet lit up the California sky when Daniel Ivascyn and Emmanuel “Manny” Roman join each other at side-by-side desks on the 20th-floor trading room of Pacific Investment Management Co. From their aerie overlooking a luxury shopping mall in tony Newport Beach, the pair brace for another grinding day in the market. Together, they are in charge of the $1.77 trillion fixed-income colossus built by Bill Gross, the vaunted “Bond King.” But things are different since Gross decamped four years ago, pushed out in an awkward coup. Teamwork is the new way at Pimco, and that’s evident right at the top.
Man Group Plc Chief Executive Officer Luke Ellis speaks about global financial markets and the hedge fund firm's operations in China. He speaks with Yvonne Man and David Ingles on "Bloomberg Daybreak: ...
Man Group Plc’s Chief Executive Officer Luke Ellis, who oversees the world’s largest publicly traded hedge fund firm, said recent bond defaults in China show that regulators are trying to shift to a more “sensible” market model. “The Chinese government, as part of their process of a mixture of liberalizing and normalizing markets, is clearly trying to get the bond market in China to be a more normal market,” Ellis said in an interview with Bloomberg Television in Hong Kong. Rising credit risks in China have roiled the market amid an increase in borrowing costs spurred by a broader push by policy makers to rein in financial leverage.
China Energy Reserve & Chemicals Group Co. said it hasn’t paid a $350 million bond that matured earlier this month, in the latest example of China’s deleveraging campaign choking off financing for some companies. The company plans to suspend this year’s interest payments on bonds due in 2021 and 2022 while it considers asset sales and seeks to restructure the notes, China Energy said in a filing that appeared on the Hong Kong exchange on May 27. China Energy rose to prominence earlier this year when it pulled out of a $5.2 billion deal to buy a Hong Kong skyscraper from Li Ka-shing’s company, after making an unsuccessful bid for Australian oil and gas explorer AWE Ltd.
Man Group (EMG.L), the world's largest listed hedge fund, reported a 3 percent rise in total assets in the first-quarter after net inflows of $4.8 billion (£3.3 billion) more than offset performance losses. Shares in the British hedge fund rose 6.2 percent by 0830 GMT after analysts said the inflows could be the start of sustained demand for Man Group's diverse strategies, including equity, fund-of-funds and computer-driven trading.
Man Group, the world's largest listed hedge fund, reported a 3 percent rise in total assets in the first-quarter after net inflows of $4.8 billion more than offset performance losses. Shares in the British ...
Man Group, the world's largest listed hedge fund, said on Thursday that net inflows of $4.8 billion in the first quarter helped funds under management rise 3 percent in the first three months of 2018. ...
April 12 (Reuters) - Britain's FTSE 100 index is seen opening 18 points lower at 7,239 on Thursday, according to financial bookmakers. * SHIRE: Takeda Pharmaceutical Co Ltd has sounded out creditors for ...
British hedge fund company Man Group on Wednesday said funds under management rose 35 percent to $109.1 billion in 2017, buoyed by net inflows of client money as well as market and currency gains. Man ...
By Maiya Keidan LONDON (Reuters) - British hedge fund company Man Group said on Wednesday funds under management rose 35 percent to $109.1 billion (78.5 billion pounds) in 2017, buoyed by net inflows of ...
Roadside recovery firm and insurer AA (AAAA.L), aiming to stabilise its business after firing its executive chairman last year, said on Thursday it expected full-year core profit in line with a forecast made in September. The shares had tumbled to record lows after AA cut its profit guidance in September following the abrupt departure of its boss Bob Mackenzie last August. Now led by Chief Executive Simon Breakwell, the company sees trading earnings before interest, tax, depreciation and amortisation (EBITDA) for the year ending Jan 31, 2018 of 390-395 million pounds ($542-549 million).
Roadside recovery firm and insurer AA (Frankfurt: A116XA - news) , aiming to stabilise its business after firing its executive chairman last year, said on Thursday it expected full-year core profit in line with a forecast made in September. AA shares rose as much as 12 percent before trimming gains to trade up 1.5 percent at 0940 GMT, compared with a steady FTSE mid-cap index. The shares had tumbled to record lows after AA cut its profit guidance in September following the abrupt departure of its boss Bob Mackenzie last August.
The world’s largest publicly traded hedge fund is turning wary on emerging-market dollar bonds after such securities rallied the most since the global financial crisis.
Ryanair Chief Executive Michael O'Leary broke months of media silence on Tuesday to defend his decision to recognise unions for the first time in 32 years, saying it would allow his airline to expand and help to keep staff costs down. In his first interview since Friday's surprise decision to accept unionisation to stave off a string of Christmas strikes, O'Leary said the move was his idea and that he would not step down. This is serious," O'Leary said of the decision, which he said was "in many respects my idea" and which he ran past the company's board of directors on Thursday night.