The Man Group Plc (EMG) is the largest publicly traded hedge fund manager in the world, but that has not prevented them from suffering from bad economic times. They say that clients relieved them of a net value of $1 billion in funds during the first quarter of 2012, and other costs such as employee…
Tag Archive: London
London Hedge Funds Changing Their Image From Mega-Rich to Back-to-Business as Profits Dry Up
In London hedge funds are working hard to change their image, and one of the first steps they are taking is moving out of exclusive Mayfair and finding humbler digs in more ‘down-to-business’ parts of London. Mayfair has long been the denizen of the hottest hedge fund firms, as well as the most expensive office…
Company Spotlight: Culross Global Fund of Funds
Founded in 1992 with its headquarters in London, Culross Global Mangement Ltd (CGML) has been managing portfolios of Hedge Funds since 1995. The Culross Global Fund and the Culross H Fund were selected as nominees for 19 industry awards since 2007, and was the winner ten times, honored for superior risk adjusted returns. In November…
New York City: Hedge Fund Central
Studies from TheCityUK show that New York City manages more hedge funds than any other city in the world, with London trailing far behind. TheCityUK global hedge fund industry report reveals that 41% of hedge fund assets are currently managed out of New York, compare with a mere 19% in London. While taking into account…
Asian Hedge Funds Sky-Rocket
China Heading Up or Down? Although China-based hedge funds didn’t do so great last year compared with peers around the world, interestingly they still “took in money almost twice as fast,” netting inflows of US$3.5 billion (marking a 23 percent growth), significantly higher than the entire global hedge fund industry (which was 14 percent). In…
Hedge Funds and Taxes in London
The Greed of London’s Hedge Funds It seems that no matter how much money one accrues, they always want more. Well, at least that’s been the case for hedge funds around the world. Today however, those in London are getting a bit of a lesson in greed and perhaps they won’t be able…