Dealings round-up: BlueBay duo cash in

18th Sep 2009 17:26

Two directors of BlueBay today took advantage of the recent tripling in its share price to trim their holdings in the fixed income fund manager. A secondary placing of shares saw Nick Williams, Chief Financial Officer, sell 1m shares and Alex Khein, Chief Operating Officer dispose of 2m shares. The placing was priced at 290p per share.BlueBay today announced an increase in assets under management in the year to June to $24.3bn from $21bn. The firm said $5.8bn of net inflows, predominantly from its institutional client base, came through in the second half of the fiscal year. Profits for the year fell to £17.5m from £50.1m, with underlying profits before one-offs at £22.3m.Top Director BuysAdmiral Group (ADM) Director name: Mr David StevensAmount purchased: 150,000 @ 1,165.00p Value: £1,747,500International Public Partnerships Ltd. (INPP) Director name: Mr Rupert O DoreyAmount purchased: 200,000 @ 107.60p Value: £215,200Kingfisher (KGF) Director name: Mr Daniel BernardAmount purchased: 100,000 @ 210.70p Value: £210,700Ingenious Media Active Capital (IMAC) Director name: Mr Patrick Anthony McKennaAmount purchased: 250,000 @ 40.00p Value: £100,000Centrica (CNA) Director name: Mr Mark HanafinAmount purchased: 37,247 @ 266.90p Value: £99,412Symphony International Holdings (SIHL) Director name: Mr Anil ThadaniAmount purchased: 169,930 @ $0.50 Value: $84,965Man Group (EMG) Director name: Mr Frederic JollyAmount purchased: 9,705 @ 306.80p Value: £29,775Jelf Group (JLF) Director name: Mr David WalkerAmount purchased: 25,000 @ 60.00p Value: £15,000Top Director SellsBlueBay Asset Management (BBAY) Director name: Mr Alex KheinAmount sold: 2,000,000 @ 290.00p Value: £5,800,000BlueBay Asset Management (BBAY) Director name: Mr Nick WilliamsAmount sold: 1,000,000 @ 290.00p Value: £2,900,000Prudential (PRU) Director name: Mr Nick PrettejohnAmount sold: 141,844 @ 570.00p Value: £808,511Investec (INVP) Director name: Mr Alan TapnackAmount sold: 150,000 @ 447.00p Value: £670,500Caledonia Investments (CLDN) Director name: Mr Jonathan H CartwrightAmount sold: 34,201 @ 1,703.50p Value: £582,614eServGlobal (ESG) Director name: Mr Ian BudderyAmount sold: 680,000 @ 28.40p Value: £193,120Pennon Group (PNN) Director name: Mr Ken WoodierAmount sold: 24,017 @ 497.00p Value: £119,364Colefax Group (CFX) Director name: Mr Robert BarkerAmount sold: 35,000 @ 109.00p Value: £38,150Tullow Oil (TLW) Director name: Mr Patrick PlunkettAmount sold: 250,000 @ 12.30p Value: £30,750Craneware (CRW) Director name: Mr Neil Philip Lanceley HeywoodAmount sold: 10,000 @ 297.00p Value: £29,700