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Brevan Howard Investors Said to Seek $1.4 Billion of Cash Back

Brevan Howard Investors Said to Seek $1.4 Billion of Cash Back
bloomberg.com — Investors in Brevan Howard Asset Management have asked to pull about $1.4 billion from the firm's main hedge fund after successive annual declines followed by losses during the first quarter, according to two people with knowledge of the matter.

Hedge-Fund Investor Aurora to Return $5.4 Billion to Clients

bloomberg.com — Hedge-fund investor Aurora Investment Management is to return the $5.4 billion it oversees to clients over coming months after a takeover of the firm collapsed, according to a letter to investors seen by Bloomberg News.

RBS Said to Hire Ex-Nomura Banker Shah in Financial Institutions

bloomberg.com — Royal Bank of Scotland Group Plc, Britain's largest taxpayer-owned lender, has hired Harsh Shah to advise financial institutions, according to two people with knowledge of the matter.

Some Hedge Funds Buck Trend Spurning Cash While Industry Bleeds

Some Hedge Funds Buck Trend Spurning Cash While Industry Bleeds
bloomberg.com — As the global hedge-fund industry suffers the biggest outflows of cash since the end of the financial crisis, some money managers are facing the problem of plenty. Deepak Gulati's Argentiere Capital AG is turning away investors after amassing $2.4 billion, while the Horseman Global Fund in London told clients enough is enough at $2 billion.

Hedge Funds Bleed Cash as Returns Disappoint Investors: Chart

Hedge Funds Bleed Cash as Returns Disappoint Investors: Chart
bloomberg.com — Assets managed by hedge funds dropped to $2.86 trillion from $2.9 trillion during the first quarter as managers posted losses and investors withdrew a net $15.1 billion, the most since the second quarter of 2009, according to Hedge Fund Research Inc.

Man Group Reports $500 Million First-Quarter Net Inflows

Man Group Reports $500 Million First-Quarter Net Inflows
bloomberg.com — Man Group Plc, the world's largest publicly traded hedge-fund firm, reported net inflows of $500 million in the first quarter as its computer-driven funds attracted investors. The shares rose the most since Dec. 17. Sales of $5.1 billion more than offset $4.6 billion in redemptions, the London-based firm said in a statement on Friday.

Hedge-Fund Demand for London Offices Drops to Lowest Since 2012

Hedge-Fund Demand for London Offices Drops to Lowest Since 2012
bloomberg.com — Hedge funds and private equity firms took the least amount of office space in central London since the start of 2012 in the first quarter, according to broker Cushman & Wakefield Inc., as sputtering global growth and increased regulation deterred startups.

Nomura Said to Cut Senior Staff in European Fixed-Income Unit

bloomberg.com — Nomura Holdings Inc.'s restructuring of its overseas activities is spreading to its European fixed-income operations, according to people with knowledge of the matter. Japan's largest brokerage is cutting senior managers in its high yield, distressed debt and asset-backed securities divisions in London, according to three people familiar with the cuts, who asked not to be identified because they're not authorized to speak about it.

Ex-BlueCrest Partners Favre, Germak Plan to Start Own Hedge Fund

bloomberg.com — Three former partners of BlueCrest Capital Management are starting a hedge fund, as their previous employer withdraws from the business of managing money for outside clients. Money managers Frederic Favre and Alexandre Germak are joining former BlueCrest partner Melanie Owen to start macro hedge fund firm Alpstone Capital later this year, according to Owen, who heads business development for the firm in London.

Man's Ellis Says Central Banks May Buy Shares to Boost Lenders

Man's Ellis Says Central Banks May Buy Shares to Boost Lenders
bloomberg.com — Central bank policy makers in Europe and Japan may have to authorize the purchase of shares in lenders if they want to boost economic growth, according to Man Group Plc President Luke Ellis. "What's happening with the banks is causing the weakness in economies, not the other way round," Ellis said in a Bloomberg Television interview Monday.
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May 03, 2016

RT @ncallanan: Odey raised bet against Aberdeen days be4 stock Slumped Most Since 2008 on $11.2 Billion in Outflows bloom.bg/1SK4uDH@BySarahJones @BySarahJones

May 03, 2016

Just as engines replaced horses/ATMs most bank tellers, Two Sigma co-founder 'worried' machines will take jobs bloom.bg/1VHyFkM

May 03, 2016

Loeb, Buffett & now Cohen, criticism for hedge funds mount amid poor performance and outflows httpbloom.bg/24uT2TU @bus@business

May 03, 2016

Hedge Funds Under Attack as Cohen Says Skilled People Are Scarce bloom.bg/24uT2TU

Apr 29, 2016

RT @gauravcsawant: Defence min @manoharparrikar forms Spl team of bureaucrats & IAF pers to go thru all # AgustaWestland documents. Assist…


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