The firm’s flagship fund has lost $2 billion over the past month as a result of a “bullishly positioned portfolio.” Continue reading »
Man Group
As we mentioned last week, in the wake of the GLG buy, things are not looking so good inside Man Group. Redemptions are “mounting,” bonus outlook is bad to very bad and employees are making a dash for the exits. Today Financial News confirms the departures of 8 of the 15 front office employees who’ve taken off. Continue reading »
From the mailbag:
FYI, in the aftermath of the GLG buy, things are not good inside Man Group.
- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
