Tag Archives: unprecedented-boom


Banks more leveraged than hedge funds: Man Group CEO

Reuters – British hedge fund manager Man Group Plc said on Tuesday banks were more highly geared than hedge funds and bank deleveraging had been the main driver of asset-price declines. "Hedge fund deleveraging has put pressure on asset prices as […]

Man Group a consolidator in hedge industry

Reuters – Man Group plans to be a consolidator in the hedge fund industry in the long-term, said Chief Executive Peter Clarke, who thinks the industry could see redemptions of between a third and a quarter at the year-end. "Consolidation […]

Hedge Fund Man Group Hires New Middle East CEO

West Palm Beach (HedgeCo.net) – The CEO of Man Group, Peter Clarke, announced the appointment of the new CEO of the Middle East arm as Patrick Merville, to take effect from 1 October, following the retirement of Antoine Massad. Man, […]

Man Group in Gulf waste gas move

Financial Times – Man Group has teamed up with an Abu Dhabi-owned investment company to make electricity from the gas produced as a byproduct of oil drilling, which is currently wasted in the form of flaring. Abu Dhabi will inject […]

Man Group Invests in Weather and CAT Bond Company

West Palm Beach (HedgeCo.Net)- Man Group has agreed to pay $50 million for a 25% stake in Nephila Capital, an alternative investment manager specializing in insurance-based instruments such as insurance linked securities, catastrophe bonds, insurance swaps and weather derivatives. The […]

Man Group year profit surges 60%

Reuters- Man Group, the world’s biggest listed hedge fund company, posted a 60 percent rise in annual profit on Thursday, riding turbulent financial markets to show strong growth in funds under management which fuelled record management fees. Chief Executive Peter […]

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