|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||0.00 - 0.00|
|PE ratio (TTM)||-16.01|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y target est||N/A|
LONDON, Oct (Shenzhen: 000069.SZ - news) 13 (Reuters) - Britain's major share index retreated on Friday, weighed down by engineering group GKN after a profit warning, while Provident Financial soared after the embattled sub-prime lender gave an encouraging trading update. The FTSE 100 was down 0.5 percent by 0825 GMT, fresh from the record close it managed in the previous session on the back of a dip in sterling caused by a stalemate in Brexit talks.
Shares in British hedge fund Man Group (EMG.L) rose 4 percent on Friday after a rise in third quarter assets and a new share buyback was announced. Man Group assets rose 7.9 percent in the three months ending Sept. 30, boosted by market gains and net inflows to its funds, including in emerging market debt. Man Group also announced a new $100 million share buyback after concluding its last one around the same time last year, according to an analyst note from Credit Suisse.
** British hedge fund Man Group +2.5% to touch highest in 2 years ** AUM rise from $95.9 bln at June end to $103.5 bln at Q3 close, c.3% ahead of Morgan Stanley estimate due to higher organic growth, ...
LONDON, Oct (Shenzhen: 000069.SZ - news) 13 (Reuters) - Shares (Berlin: DI6.BE - news) in British hedge fund Man (Swiss: MAN.SW - news) Group rose 4 percent on Friday after a rise in third quarter assets and a new share buyback was announced. Man Group (LSE: EMG.L - news) assets rose 7.9 percent in the three months ending Sept. 30, boosted by market gains and net inflows to its funds, including in emerging market debt. Total assets rose from $95.9 billion at the end of June to $103.5 billion at the end of September, at the top end of consensus figures that ranged from $98.2 billion to $103.5 billion.
Switzerland’s GAM Holding is the latest fund manager to expand in one of the hottest areas of computer-driven investing—niche markets such as sunflower seeds and cheese.
British asset manager Man Group said on Tuesday it had appointed Michael Turner as chief executive of its FRM unit, which specialises in investing in hedge funds. Turner will be replaced as chief operating ...
British hedge fund Man Group said on Thursday it had received approval to develop onshore investment products in China. Man Group said it had successfully registered with the Asset Management Association ...
The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, ...
British hedge fund firm Man Group (LSE: EMG.L - news) said assets under management rose 19 percent in the first half of 2017, sending its shares higher on Tuesday, but cautioned growth was set to slow over the next six months. Total (LSE: 524773.L - news) assets under management at the end of June were $95.9 billion, up from $80.9 billion at the end of December, it said in a statement. Fee pressure is part of a multi-year trend for hedge funds, with start-ups charging a management fee of 1.25 percent on average, well below the traditional 2 percent, according to a study by industry body AIMA and prime broker GPP.
The board of Man Group, the world's biggest listed hedge fund, was hit by a new revolt over excessive pay at its annual general meeting on Friday, after more than a quarter of investors opposed its 2016 payouts. It is the latest in a series of high-profile investor rebellions at Britain's top firms, and comes as Prime Minister Theresa May considers a range of changes to the rules around corporate governance to rein in firms' largesse to bosses.
Jupiter Fund Management said market gains and net inflows of new money from clients across its range of funds helped the British firm raise its total assets under management by 7.4 percent in the first ...
European shares edged higher on Thursday as investors welcomed results from Man Group and Pandora maintained its outlook, while French equities outperformed ahead of the first round of France's presidential ...
** Man Group +3.9%, highest level in a year, & top of Stoxx 600 after British hedge fund reports Q1 AUM +10% to $88.7 bln ** Boosted by net inflows, positive market moves & flows related to a recent acquisition ...
Man Group Plc's executive chairman for North America, John Rohal, left the world's biggest publicly traded hedge fund manager at the end of 2016, according to a person familiar with the situation. There ...
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.
** Hedge fund firm Man Group falls as much as 10 pct in early trade after reporting falling profits ** Adjusted pre-tax profit falls to $205 mln in 2016 v $400 mln in 2015, with the co blaming "unforgiving" ...
LONDON, Dec (Shanghai: 600875.SS - news) 20(Reuters) - The number of senior people registered as working at the 15 largest discretionary hedge funds in Britain fell by 3.5 percent in 2016, one of the toughest for the industry in recent years. Overall, hedge funds employ about 10,000 people in Britain, including junior and senior staff, according to industry body the Alternative Investment Management Association. Such discretionary funds operate using the ideas of traders, rather than being directed by the algorithmic models that drive other funds.