Former GLG star hedge fund manager Greg Coffey has been left trailing by his previous employers in his first year apart from the London-based firm ... more
A credit crunch is the worst possible news for a highly borrowed business, and when it burst on a largely unsuspecting world it was inevitable that the hedge fund industry would be in deep trouble. Optimists predicted half the funds would be forced to close their doors, the pessimists said it would be two thirds ... more
The Government is getting itself into a right mess (again) with some ill-thought-through legislation that plays straight into Tory hands. "Save Our Saga" is the latest rallying cry among traditional Conservative supporters of, ahem, a certain age ... more
Top London hedge fund GLG Partners is being sued in the High Court by a London businessman who has accused it of reneging on promises to pay tens of thousands pounds in commission for the introduction of a wealthy Saudi investor... more
These are tough times for hedge funds. Earlier this year when the credit crunch showed no sign of easing, one industry insider predicted that between half and two thirds would not see out the year... more
A Wall Street trader has received what is believed to be the largest bonus of all time - a $300million (£156 million) gift to keep him working for a leading hedge fund... more
London-based hedge fund manager GLG is to bolster its team with two more bid appointments ahead of the departure of its star fund manager, Greg Coffey... more
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