G7G.BE: Summary for GLC CORP LTD - Yahoo Finance

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  • Associated Press24 days ago

    GLG Life Tech reports 4Q loss

    The Richmond, British Columbia-based company said it had a loss of 20 cents per share. The sweetener maker posted revenue of $3.7 million in the period. For the year, the company reported that its loss ...

  • Reuters - UK Focus2 months ago

    Man Group driven to loss by fee income fall, writedowns

    Weak performances in some of its funds and writedowns linked to earlier acquisitions dragged Man (Swiss: MAN.SW - news) Group to a full-year loss, knocking the British hedge fund firm's shares and leading some analysts to question its decisions. Chief Executive Luke Ellis said on Wednesday Man Group had "found it difficult to generate performance for clients and performance fees" due to a "very unforgiving" market over the first three quarters, leading to "disappointing profits". Man Group (LSE: EMG.L - news) said in a statement its adjusted management fee profit before tax fell 8 percent on the back of lower management fee revenue, particularly for its stock-picking GLG business.

  • Reuters - UK Focus8 months ago

    Man Group's new CEO Ellis reshapes top team after Roman exit

    Man Group (LSE: EMG.L - news) 's new chief executive Luke Ellis shook up the top team of the world's biggest listed hedge fund on Friday following the shock departure of Manny Roman in June. Roman left Man (Swiss: MAN.SW - news) to head up rival mutual fund manager Pimco and analysts at Credit Suisse (LSE: 0QP5.L - news) said the reshuffle, a day after Ellis officially took on the CEO role, was a "sensible" move that would help "tie-in key employees". The biggest change to the senior management team was the appointment of Mark Jones to group chief financial officer (CFO) from his current position of co-chief executive officer of Man's discretionary equity investment unit, Man GLG.