LONDON British hedge fund manager Man Group on Tuesday posted a 3 percent fall in funds under management in the first half of the year as investment losses and other market moves more than offset a small rise in net inflows.
LONDON Pacific Investment Management Co (Pimco) has poached Emmanuel 'Manny' Roman from Man Group , the world's biggest listed hedge fund, as it tries to reverse a slump in fortunes since co-founder Bill Gross left the fund manager in 2014.
LONDON/NEW YORK Mako Global Investors (MGI) is shutting a European equities hedge fund it launched just 19 months ago after lacklustre returns and plunging investor interest, a source close to the firm told Reuters.
LONDON Hedge fund assets grew by $19.9 billion in the first six months of 2016 despite performance losses of $5.2 billion, industry tracker Eurekahedge said on Tuesday.
LONDON A Dallas hedge fund was among investors betting on a fall in the price of ARM Holdings when SoftBank Group's surprise $32 billion bid sent shares in the British chip designer surging nearly 50 percent.
LONDON Hedge funds from the United States, Singapore and Hong Kong should be allowed to market themselves in the European Union, the bloc's financial watchdog said on Tuesday.
LONDON As hedge fund manager Buford Scott sat at home, watching the TV in shock as it emerged Britain had voted to leave the European Union, his computer-based trading models were quietly boosting his business by 1.5 percent.
LONDON Hedge funds globally posted gains of 1.36 percent in the first six months of 2016 in the worst performance since 2008 when they lost 0.53 percent, industry tracker Preqin said on Friday.
LONDON UK equity funds suffered nearly $5 billion in outflows in the two weeks after the country voted to leave the European Union, according Societe Generale and EPFR.
LONDON Britain's vote to leave the European Union has put private equity firms on the back foot, forcing them to stall some planned deals, reconsider fundraising strategies and possibly move staff to centres that will remain in the bloc.
HONG KONG/MUMBAI Shanghai Fosun Pharmaceutical Group Co Ltd has agreed to buy an 86 percent stake in Gland Pharma - backed by KKR & Co LP - for up to $1.3 billion, the largest acquisition of an Indian company from abroad this year.
NEW DELHI Indian conglomerate Adani Group has started building the country's first transshipment port, conceived 25 years ago, and the government will construct another $4-billion facility nearby to create a shipping hub rivalling Chinese facilities in the region.