LONDON, Jan 19 (Reuters) – Aberdeen Asset Management
saw client outflows accelerate at the end of last year
as investors fretted over the euro zone’s deepening debt crisis,
but said its higher-margin funds were still attracting new
business.

Aberdeen said investors pulled out a net 2.8 billion pounds
($4.31 billion) of their cash in the three months to
end-December, largely from lower margin assets such as fixed
income, with the loss of one global mandate in particular
hitting flows.

LONDON (Reuters) – Man Group Plc (EMG.L: Quote, Profile, Research), the world’s biggest listed hedge fund manager, reported a second consecutive quarter of heavy client outflows and announced plans for further cost cuts, as nervous investors pulled out of its poorly-performing flagship fund.

The company, which shocked investors in September when it reported its fastest rate of outflows since early 2009, said on Wednesday clients pulled out a net $2.5 billion (1.6 billion pounds) over the three months through December, roughly in line with analyst forecasts.

LONDON, Jan 18 (Reuters) – Man Group, the
world’s biggest listed hedge fund manager, reported a second
consecutive quarter of heavy client outflows and announced plans
for further cost cuts, as nervous investors pulled out of its
poorly-performing funds.

The firm, which shocked investors in September when it
reported its fastest rate of outflows since early 2009, said
clients pulled out a net $2.5 billion over the three months to
end-December, roughly in line with analyst forecasts.

LONDON, Jan 18 (Reuters) – Man Group, the
world’s biggest listed hedge fund manager, looks set to report
further heavy client outflows on Wednesday, as nervous investors
pull out of its poorly-performing funds.

The firm, whose share price has slumped from around 300
pence a year ago to 107 pence at Tuesday’s close, is expected to
report net client withdrawals of $2.3 to $2.9 billion over the
three months to December, according to analysts.

LONDON (Reuters) – European hedge fund managers are betting that China’s once red hot economic growth will cool dramatically in 2012, hitting companies, economies and commodity prices that have been fuelled by the world’s second largest economy in recent years.

Managers are taking bets ranging from short positions on equity markets or the currency to buying credit protection on companies that export to China. Others are shorting natural resources stocks in other countries that rely on Chinese demand.

LONDON (Reuters) – A Greek exit from the euro zone would be worse than catastrophic and could provoke greater social unrest, Zimbabwe-style inflation and a military coup, said London-based hedge fund firm Toscafund.

In a stark note to clients, chief economist Savvas Savouri said introducing a new currency instantaneously in the wake of a euro exit would be impossible and the delay would lead to “a run on banks and evacuation of capital that would make what has already been seen as nothing by comparison.”

LONDON, Jan 10 (Reuters) – High-profile banker Mehmet
Dalman has left hedge fund firm Toscafund to focus on his other
roles, including a directorship at ENRC, the Kazakh
miner involved in a messy corporate governance fight last year.

Cyprus-born Dalman quit as partner and vice-chairman at the
London-based fund manager, which once ran $6-8 billion before
its flagship fund fell around 60 percent in 2008, although it
later recovered some of those losses.

LONDON (Reuters) – Profits at Paulson Europe, the UK-based arm of John Paulson’s hedge fund firm, fell 17 percent in the year to end-March, reflecting losses in the billionaire investor’s funds, although its four partners still shared a 26.5 million pound bonus pool.

Profit available for discretionary division among the partnership’s four members dropped to 26.5 million pounds over that period from 32.1 million pounds the previous year, the firm said in a regulatory filing this week.

LONDON, Jan 6 (Reuters) – Profits at Paulson Europe,
the UK-based arm of John Paulson’s hedge fund firm, fell 17
percent in the year to end-March, reflecting losses in the
billionaire investor’s funds, although its four partners still
shared a 26.5 million pounds bonus pool.

Profit available for discretionary division among the
partnership’s four members dropped to 26.5 million ($41 million)
pounds over that period from 32.1 million pounds the previous
year, the firm said in a regulatory filing this week.

LONDON (Reuters) – Deep cracks are starting to show in the love affair between hedge funds and their investors, after another year of paltry returns on expensive investments leaves many feeling cheated and close to bailing out.

An asset class once feted for its ability to make money in all markets is back under the spotlight after the average fund lost 4.4 percent in the first 11 months of the year, data from Hedge Fund Research shows.