European markets closed higher on Tuesday as traders digested another slew of earnings and oil prices weighed.
British hedge fund manager posts 3 percent fall in first-half funds under management.
European equities posted strong gains by Wednesday's close, as a rally in technology stocks and a slew of positive earnings helped boost sentiment.
U.S. stock-index futures rose on Wednesday as investors cheered better-than-expected earnings from Morgan Stanley.
The chief executive of the world's biggest listed hedge fund Man Group Manny Roman will join Pacific Investment Management Co as its new CEO.
European stocks finished Friday in the red as investors digested the latest earnings and China data, ahead of a key oil summit this weekend.
Regional carrier Republic Airways filed for Chapter 11 bankruptcy protection on Thursday, after several quarters of falling revenue.
European equities closed sharply lower on Monday as oil and commodities continued to slide, while investors looked ahead to a U.S. Federal Reserve meeting this week.
Many are now asking whether Chinese officials are willing to tolerate volatility in China's turbulent stock markets, the NYT reports.
The China head of Man Group said on Monday she had not been taken into custody, denying reports that she was being investigated.
China is cracking down on investors and journalists for any actions that may have sent its stocks lower.
European stock markets ended sharply lower on Tuesday after new data from China exacerbated concerns about the outlook for the world's second biggest economy.
Shares of Man Group fell on a report that the head of its China unit had been taken into custody in a probe into recent market volatility.
European equities closed sharply higher on Thursday, with the hope that Greece would submit concrete proposals to creditors later that day.
European markets ended mixed on Friday, with investors reacting to fresh economic data amid continued uncertainty over Greece.
Computer algorithm-led hedge funds produced stellar returns last year, beating most gut-driven human money managers.
Man Group took in $1.2 billion in new money in the past quarter in part because of this strategy.
Hedge funds designed to profit from choppy and down markets have mostly underwhelmed in October.
European shares closed lower on Thursday after trimming losses, tracking U.S. markets which partially recovered after visiting correction territory.
British hedge fund firm Man Group has bought U.S. peer Numeric Holdings for an initial $219 million to increase its presence in the United States.