4 Sep

Man Group still bleeding assets despite GLG deal

first_img Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap Man Group still bleeding assets despite GLG deal Show Comments ▼ John Dunne whatsapp Thursday 20 January 2011 2:36 am whatsappcenter_img Share Man Group, the world’s largest listed hedge fund manager, continued to see client outflows, it said on Thursday, despite its recent acquisition of smaller rival GLG.Man, which has seen net client outflows for eight straight quarters even as rivals have won back investors, saw $1bn (£627m) of net outflows for the three months to end-December.Analysts had expected net inflows of between $550m and $900m.Man bought GLG last year for $1.6bn to boost assets and diversify away from computer-driven funds, and is incorporating its flows into its figures for the first time.Total assets for the combined company rose to $68.6bn – around the level that Man was running before the collapse of Lehman Brothers and Man’s subsequent performance and client losses. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald Tags: NULLlast_img

Leave a Reply

Your email address will not be published. Required fields are marked *