Hints and tips:
...“Both the FRM and the ARM loans have slightly weaker than average credit quality for the subprime sector,” says [Moody's analyst Dana] Skelton....
...Mr Roman now hopes to turn Man’s quantitative business into a type of brains trust, by hiring academics from Oxford and other universities with a background in quantitative programmes as well as orchestrating...
...He owns 69m Man shares, directly or through trusts, making him the company’s third-largest shareholder, while Mr Gottesman owns 41.9m and Mr Roman owns 19.5m....
...Sumitomo Mitsui Trust Bank advises about half of FRM’s investor base and has welcomed the deal, said Mr Ellis....
...SuMi Trust was created last year by the merger of Sumitomo Trust & Banking and Chuo Mitsui Trust & Banking....
...Man has diversified away from AHL and its computers by acquiring hedge fund manager GLG Partners and FRM, a fund of funds....
...● Ignis Advisors has hired Aoifinn Devitt of Clontarf Capital as client strategies head and Mark Long of FRM as chief operating officer....
...Wednesday’s announcement from FRM Credit Alpha is seen as continuing a trend that began in the aftermath of the Lehman Brothers collapse, and has already seen funds such as Gottex Market Neutral Trust, HSBC...
...Since then, a number of listed hedge funds including Gottex Market Neutral Trust, HSBC Global Absolute and MW Tops have announced plans to wind up....
...FRM Credit Alpha said this month that its tender offer was heavily oversubscribed....
...●George Renouf and Emma Gilchrist have joined Alliance Trust Asset Management as investment strategist and property investment manager respectively....
...Mr Kenny likes Absolute Return Trust for its superior returns and lower volatility. Mr Sketch likes Acencia Debt Strategies and FRM Credit Alpha, which invest in credit markets....
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