London afternoon: Footsie hits 4-month peak
3rd Sep 2010 14:13
Dealing rooms across the City strapped on their buying boots ahead of the weekend following a much smaller than expected fall in US nonfarm payrolls. The number of Americans who lost their jobs in August was 54,000 compared with predictions of over 100,000. The payrolls count in both the previous t
Read moreLondon midday: Traders play 'spot the bid target'
3rd Sep 2010 12:16
Footsie finished the morning not far off its high for the day, marginally above the 5,400 mark. It was a quiet morning for hard news, however, so traders entertained themselves with some good old fashioned bid speculation. Temporary power solutions provider Aggreko is the top performer on whispers
Read moreFTSE 100 movers: TUI continues downward journey
11th Aug 2010 15:39
There are few risers in the Footsie as TUI Travel continues to head the fallers. Package holiday firm Thomas Cook followed up yesterday's disappointing trading statement by TUI with one of its own. Thomas Cook warned that full-year profits will be at the low end of forecasts due to softer UK booki
Read moreFTSE 100 movers: Standard strong ahead of interims
3rd Aug 2010 15:44
Financials are generally strong but Footsie is still lower on the day. Standard Chartered is strong ahead of tomorrow's interim results. Man Group, Standard Life and Prudential are also higher. Banking group Investec is heading in the other direction after it raised £104.5m through a placing at 4
Read moreFinancial News: Eight People Leave Man Group's AHL
28th Jul 2010 08:35
By Harriet Agnew Of FINANCIAL NEWS Eight people have left AHL, Man Group's (EMG.LN) flagship computer-driven hedge fund responsible for three quarters of its profits, across its research, trading and technology departments. The departures come as analysts express concern about AHL's weak per
Read moreMan Group AHL Diversified Futures Weekly Nav -0.17% To $35.69
27th Jul 2010 17:13
LONDON (Dow Jones)--Man Group PLC (EMG.LN) Tuessaid the net asset value of AHL Diversified Futures Ltd. at the close of business Monday was down 0.17% on the week at %35.69. In the last 12 months, it is down 4.6%. It uses quantitative models to exploit price trends in a variety of markets, i
Read morePRESS RELEASE: S&P: Man Group 'BBB+/A-2' Ratings Remain On Watch Neg
23rd Jul 2010 11:28
The following is a press release from Standard & Poor's: -- We have reviewed the rating implications of Man Group's planned acquisition of GLG Partners Inc., a transaction which Man has stated is likely to complete in September 2010. -- We are keeping the 'BBB+/A-2' ratings on Man on Cred
Read moreMan Group AHL Diversified Futures Weekly Nav +0.28% To $35.75
20th Jul 2010 17:18
LONDON (Dow Jones)--LONDON (Dow Jones)--Man Group PLC (EMG.LN) Tuesday said the net asset value of AHL Diversified Futures Ltd. at the close of business Monday was up 0.28% on the week at $35.75. MAIN FACTS: -In the last 12 months, it is down 1.6%. -It uses quantitative models to exploit
Read moreMan Group AHL Diversified Futures Weekly NAV -2.06%
13th Jul 2010 17:19
LONDON (Dow Jones)--Man Group PLC (EMG.LN) Tuesday said the net asset value of AHL Diversified Futures Ltd. at the close of business Monday was down 2.06% on the week at $35.65. In the last 12 months, it is down 1.6%. It uses quantitative models to exploit price trends in a variety of market
Read moreMan Group Revamps $21.1B AHL Computer Models
9th Jul 2010 18:43
By Marietta Cauchi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Man Group PLC's (EMG.LN) $21.1 billion AHL fund is bringing in new models that would have halved its losses in 2009, a Man Group spokesman told Dow Jones Newswires Friday. Man Group's flagship AHL fund uses computer models to
Read moreFriday tips round-up: Hays, Man, FirstGroup
9th Jul 2010 06:55
It was a better update from recruiter Hays than might have been expected given the continuing economic uncertainty here and in Europe. Happily for investors, the recruiter's reach extends well beyond these shores to places where the economic climate is altogether sunnier. The prospective yield is
Read moreHEARD ON THE STREET: The Descent Of Man
9th Jul 2010 06:30
(This story was originally published Thursday.) By Hester Plumridge A DOW JONES COLUMN Investors have been flocking back to hedge funds this year, but not to Man Group. After two consecutive years of outflows, the global hedge fund industry took in $13.7 billion in net new capital in the
Read moreLondon close: Footsie powers forward
8th Jul 2010 16:59
Footsie's strong recovery continued for a third day with the blue chip index closing above 5,100 driven by buoyant financial services companies. The index is up by more than 300 points this week and to its highest in nine days. Growing optimism about the European bank stress tests and yesterday's
Read moreHEARD ON THE STREET: The Descent Of Man
8th Jul 2010 15:50
By Hester Plumridge A DOW JONES COLUMN Investors have been flocking back to hedge funds this year, but not to Man Group. After two consecutive years of outflows, the global hedge fund industry took in $13.7 billion in net new capital in the first quarter, according to Hedge Fund Research. Bu
Read moreCORRECT: Man Group Eyes Mainland China For Future Hedge Fund Sales
8th Jul 2010 15:10
("Man Group Eyes Mainland China For Future Hedge Fund Sales," published at 1320 GMT, misstated Man's current assets.) By Margot Patrick Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Man Group PLC (EMG.LN) Chief Executive Officer Peter Clarke Thursday said the hedge-fund giant could be sell
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