Hints and tips:
...Ellis said “a bunch” of that money had since come back into Man’s products....
...active investment managers, particularly those with the ability to offer alpha [returns in excess of market moves] irrespective of the direction of prevailing market trends”, said chief executive Luke Ellis...
...laurence.fletcher@ft.com...
...Chief executive Luke Ellis said the company expects “some volatility in flows in the near term, as clients access liquidity and rebalance their portfolios due to market movements”....
...The group expected “some volatility in flows in the near term”, said chief executive Luke Ellis. Man’s shares, which are up 12.3 per cent this year, fell 4.5 per cent to 255.8p on Tuesday morning....
...In this deep dive, my colleague Laurence Fletcher explores how Citadel has built its remarkable moneymaking machine....
...laurence.fletcher@ft.com Letter in response to this article: Here’s an investment tip for these volatile times / From Tejas Chivukula Bhavani, Singapore...
...“The Ukraine situation pushes that out,” Ellis told the Financial Times. “It’s likely that central banks will be less aggressive than they would have been, even though their problem is worse....
...(The FT’s Laurence Fletcher chronicles Tiger’s downhill slump in this video.)...
...It recently brought on new restructuring lawyers from Kirkland & Ellis. This week, the Vermont state regulator warned that Celsius was “deeply insolvent”....
...Law firm Kirkland & Ellis has hired Austin Witt as a partner in its debt finance group in New York. He joins from Paul Weiss. Glencore has named Liz Hewitt to its board....
...Meanwhile turbulent times are upending hedge funds, writes Laurence Fletcher. The pace of the interest rate hiking cycle and Ukraine war have forced a scramble to reposition portfolios....
...Chief Executive Luke Ellis told the Financial Times that he would be “staggered” if market volatility did not rise in September and October and that he saw further risks of “a lot of volatility” around the...
...“Ten years ago the discretionary world was full of people who thought they’d cracked it,” said Mr Ellis....
...He joins the London office from Kirkland & Ellis. Akira Partners has hired dealmaker David Heimer as a partner in its London office....
...He joins from Kirkland & Ellis, where he was a partner in the San Francisco office. Slaughter and May has added five new partners....
...While rival firms “pick the odd one from us”, said Mr Ellis, “we’re doing very well [in the battle for talent]. We get the people we want to.” laurence.fletcher@ft.com...
...More here from the FT’s Laurence Fletcher....
...Additional reporting by Robert Smith laurence.fletcher@ft.com...
...Now, “there are more assets available in long-only,” said Mr Ellis. “In the hedge fund industry, AUM is struggling not to shrink at the moment.”...
...But GLG has provided the next generation of Man Group’s executive management team — current chief executive Luke Ellis arrived with GLG....
...Assets at Man, which is led by Luke Ellis, rose to a record $114.1bn in the third quarter but the London-listed company’s share price has declined by almost 30 per cent since the beginning of the year....
...Sorabella was previously a partner at Kirkland & Ellis....
...Order of St Michael and St George COMPANION, CMG Tom Fletcher, former foreign policy adviser to the prime minister....
...“In London, there is a pressing need for a professional rental sector,” says Nick Jopling, head of residential at CB Richard Ellis, who worked on the report....
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