GLG Partners

FSA closes GLG insider trading case

The UK’s Financial Services Authority today said it has fined hedge fund manager GLG Partners (GLG) and Mr Philippe Jabre, a former managing director of the firm, £750,000 each for market abuse, in a ruling that closes the high-profile insider trading…

GLG poaches Morgan Stanley's European strategy co-head

Ben Funnell has quit his position as co-head of European strategy in London to join GLG Partners as a fund manager. He will work on mixed-asset fund strategies alongside Noam Gottesman, a partner of the London-based hedge fund.

AIMA says hedge funds do not need tighter regulation

Responding to the UK Financial Services Authority's (FSA) recent discussion paper on hedge funds, the Alternative Investment Management Association (AIMA) has said that no evidence has been offered to suggest that hedge fund managers are likely to cause…