Tag:
Man Group
Latest Headlines
Latest Headlines
Hedge fund deal: Man Group to buy GLG
Hedge funds are known for making bold bets. So it goes with Man Group, which announced it will pay $1.6 billion to buy New York-based hedge fund ( hedge fund news) firm GLG. Man will pay $4.50 a share in the all cash deal, a 55 percent premium over the last closing price. That has prompted some
Several bidders for Citi's Japan unit; Hedge fund's plans to go public thwarted by investors?;
Company News: > Pandit speaks in Detroit. Article > Several bidders for Citi's Japan unit. Article > Developer takes Citi to court. Article > Hedge fund's plans to go public, thwarted by investors? Article > Update on AIG case. Article > Man Group t
Man, the latest hedge fund group to stagger
Man Group reported a steep drop in assets under management and an acceleration in redemptions--and promptly lost one-third of its stock value. It also reported an 80 percent drop in earnings. These are tough times for all funds. Article Previous: Inside a hedge fund disaster
Man Group aims for U.S.
Man Group has thrived in London, but New York beckons like never before. And the hedge fund giant is determined to finally make inroads in what could be a very lucrative market. Uwe Eberle, CEO of the U.S. arm since December 2007, thinks the firm can compete with the likes of the Blackstone Group
ALSO NOTED: Lehman Brothers sues Marubeni; Meredith Whitney in PR mode?; and much more...
Company News:
> Lehman sues Marubeni. Article
> State Street faces class action suit. Article
> UBS restructures executive team. Article
> LiquidityHub shut down. Article
> Man Group takes stake in credit fund. Article
> Bank of America expan
