After the acquisition of its global reach total assets of 63 billion U.S. dollars; Man’s share price the day down 8.17%, GLG rose 48% in early trading
Local time on May 17th, the world’s largest listed hedge fund company, the British Man Financial Group (Man Group Plc) announced 1.6 billion U.S. acquisition of New York-based hedge fund GLG Partners. Man Financial Group, said the deal would make it cost 50 million U.S. dollars annually. (more…)
2010/05/19
Man Group acquired a New York hedge fund GLG
106 Net profit 102 billion brokerages to achieve
Annual business income of 234.739 billion yuan, up 87.64 percent over the previous year; 2009 104 profit
Securities companies in 2009 audit report shows that 106 brokerages last year net profit of 101.959 billion yuan total. 106 securities companies, profits are 104. Broker brokerage business is still the most important revenue source, accounting for up to 80.74%.
To date, 106 securities companies have been on the official website of China Securities Industry Association released its 2009 annual audit report. The audited financial report shows that 106 securities firms throughout the year operating income 234.739 billion yuan, up 87.64 percent over the previous year. Loss for the year 2009, the only large international sea CLSA Securities and wealth.
Individual business income, the 2008 106 brokerage fees and commission income for the 189.52 billion yuan. Net earnings of 82 brokerages of investment (excluding changes in fair value) 24.403 billion yuan, eight brokerages appeared at Net investment income loss, loss of billionaire there are two. (more…)
2010/04/28
QDII fund crisis involved Goldman Sachs
Far away in Europe and the United States market, “Goldman Sachs crisis”, even bring disaster to the Chinese investors. In A-share market hit a new low during the occasion of the recent overseas markets mainly in Europe and America as a sustained oscillation, (more…)
2010/03/08
Soros: The Ultimate bubble gold
Soros said: “When I saw the bubble, I will buy. Wait until the bubble is mature, it will sell.”
The financial predators in the previous dialogue session in Hong Kong a few words, has triggered an unlimited audience guess Soros mind where the next bubble. (more…)
2010/02/24
The U.S. ETF sector index funds of the charm of
In the U.S. fund market, the industry index fund is a temptation, so that most investors can not resist. Development to date, investors have become indispensable to a class of investment products. Currently, the U.S. ETF industry, the types of index funds can be described as dazzling. (more…)
Gates Foundation to spend 114 million to subscribe for new and into the 3 million additional shares of
Into today’s disclosure of new and additional directional results, the Company issued a total of 3022 shares, raising net 1.094 billion yuan of funds, these shares will be held tomorrow (24) listed. In the nine subscription object, in addition to new and into a controlling shareholder, Societe Generale Global Fund and other legal persons or domestic institutional investors, the Gates Foundation has also appeared in the figure, the Fund spent a total of 114 million additional shares subscribed for three million . (more…)