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Man Group
Man Group plc is an active investment management business listed on the London Stock Exchange. It provides investment funds in liquid and private markets for institutional and private investors. It is the world's largest publicly traded hedge fund company, reporting $178.2 billion in funds under management . The firm is headquartered at Riverbank House in London and employs over 1,800 people in various locations.Global 50 Funds of Hedge Funds The Hedgefund Journal, June 2009. The company was a sponsor of the Man Booker Prize from 2002 to 2019. History The company was founded by James Man in 1783 as a sugar cooperage and brokerage, based in Harp Lane in Billingsgate. The following year Man Group won the contract to supply the Royal ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Exchange
An exchange, bourse (), trading exchange or trading venue is an organized market where (especially) tradable securities, commodities, foreign exchange, futures, and options contracts are bought and sold. History 12th century: Brokers on the Grand Bridge, France In the twelfth century, foreign exchange dealers in France were responsible for controlling and regulating the debts of agricultural communities on behalf of banks. These were actually the first brokers. They met on the Grand Bridge in Paris, the current Pont au Change. It takes its name from the forex brokers. 13th century: ''Huis ter Beurze'', Belgium The term ''bourse'' is related to the 13th-century inn named "'' Huis ter Beurze''" owned by family in Bruges, Belgium, where traders and foreign merchants from across Europe, especially the Italian Republics of Genoa, Florence and Venice, conducted business in the late medieval period. The building, which was established by Robert van der Beurze as a hostelry, h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Literacy
Literacy is the ability to read and write, while illiteracy refers to an inability to read and write. Some researchers suggest that the study of "literacy" as a concept can be divided into two periods: the period before 1950, when literacy was understood solely as alphabetical literacy (word and letter recognition); and the period after 1950, when literacy slowly began to be considered as a wider concept and process, including the social and cultural aspects of reading, writing, and functional literacy. Definition The range of definitions of literacy used by Non-governmental organization, NGOs, think tanks, and advocacy groups since the 1990s suggests that this shift in understanding from "discrete skill" to "social practice" is both ongoing and uneven. Some definitions remain fairly closely aligned with the traditional "ability to read and write" connotation, whereas others take a broader view: * The 2003 National Assessment of Adult Literacy (USA) included "quantitativ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Literary Prize
A literary award or literary prize is an award presented in recognition of a particularly lauded literary piece or body of work. It is normally presented to an author. Organizations Most literary awards come with a corresponding award ceremony. Many awards are structured with one organization (usually a non-profit organization) as the presenter and public face of the award, and another organization as the financial sponsor or backer, who pays the prize remuneration and the cost of the ceremony and public relations, typically a corporate sponsor who may sometimes attach their name to the award (such as the Orange Prize). Types of awards There are awards for various writing formats including poetry and novels. Many awards are also dedicated to a certain genre of fiction or non-fiction writing (such as science fiction or politics). There are also awards dedicated to works in individual languages, such as the Miguel de Cervantes Prize ( Spanish); the Camões Prize ( Portuguese); th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Daily Telegraph
''The Daily Telegraph'', known online and elsewhere as ''The Telegraph'', is a British daily broadsheet conservative newspaper published in London by Telegraph Media Group and distributed in the United Kingdom and internationally. It was founded by Arthur B. Sleigh in 1855 as ''The Daily Telegraph and Courier''. ''The Telegraph'' is considered a newspaper of record in the UK. The paper's motto, "Was, is, and will be", was included in its emblem which was used for over a century starting in 1858. In 2013, ''The Daily Telegraph'' and ''The Sunday Telegraph'', which started in 1961, were merged, although the latter retains its own editor. It is politically conservative and supports the Conservative Party (UK), Conservative Party. It was moderately Liberalism, liberal politically before the late 1870s.Dictionary of Nineteenth Century Journalismp 159 ''The Telegraph'' has had a number of news scoops, including the outbreak of World War II by rookie reporter Clare Hollingworth, desc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Booker Prize
The Booker Prize, formerly the Booker Prize for Fiction (1969–2001) and the Man Booker Prize (2002–2019), is a prestigious literary award conferred each year for the best single work of sustained fiction written in the English language, which was published in the United Kingdom or Ireland. The winner of the Booker Prize receives , as well as international publicity that usually leads to a significant sales boost. When the prize was created, only novels written by Commonwealth, Irish and South African (and later Zimbabwean) citizens were eligible to receive the prize; in 2014, eligibility was widened to any English-language novel—a change that proved controversial. A five-person panel consisting of authors, publishers and journalists, as well as politicians, actors, artists and musicians, is appointed by the Booker Prize Foundation each year to choose the winning book. Gaby Wood has been the chief executive of the Booker Prize Foundation since 2015. A high-profile liter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bernard Madoff
Bernard Lawrence Madoff ( ; April 29, 1938April 14, 2021) was an American financial criminal and financier who was the admitted mastermind of the largest known Ponzi scheme in history, worth an estimated $65 billion. He was at one time chairman of the Nasdaq stock exchange. Madoff's firm had two basic units: a stock brokerage and an asset management business; the Ponzi scheme was centered in the asset management business. Madoff founded a penny stock brokerage in 1960, which eventually grew into Bernard L. Madoff Investment Securities. He served as the company's chairman until his arrest on December 11, 2008. That year, the firm was the sixth-largest market maker in S&P 500 stocks. While the stock brokerage part of the business had a public profile, Madoff tried to keep his asset management business low profile and exclusive. At the firm, he employed his brother Peter Madoff as senior managing director and chief compliance officer, Peter's daughter Shana Madoff as t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Cryan
John Michael Cryan (born 16 December 1960) is a British businessman. From July 2015 to April 2018 he was chief executive of Deutsche Bank AG in Frankfurt am Main. Early life John Michael Cryan was born on 16 December 1960 in Sunderland. He is a graduate of the University of Cambridge. Career Cryan worked for Arthur Andersen and then joined S.G. Warburg in London in 1987, before he was appointed group chief financial officer at UBS AG in September 2008. Cryan was head of UBS's financial institutions group. In the autumn of 2008, he advised the UBS board of directors on the financial crisis. In 2011, Cryan left UBS for personal reasons. In January 2012, he joined Singapore's investment company Temasek as president for Europe. Cryan became a non-executive director of Man Group in January 2015. Cryan was appointed co-chief executive officer of Deutsche Bank in June 2015, a position he shared with Jürgen Fitschen until May 2016, when he became sole CEO. On 8 April 2018, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Qualified Foreign Institutional Investor
The Qualified Foreign Institutional Investor () program, one of the first efforts to internationalize the RMB, represents China's effort to allow, on a selective basis, global institutional investors to invest in its RMB denominated capital market. Once licensed, foreign investors are permitted to buy RMB-denominated "A shares" in China's mainland Shanghai and Shenzhen stock exchanges. Thus foreign investors benefit from an opportunity to invest onshore, which is otherwise often insulated from the rest of the world, and subject to capital controls governing the movement of assets in-and-out of the country. Development The program has been in operation for over a decade, and quotas allocating RMB under licenses have expanded steadily. By the end of April 2011, 103 licensed QFII investors had been granted a combined quota of $20.7 billion to invest in China's capital markets under the QFII program, UBS AG currently holds the greatest single share of quota. Foreign access to China ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GLG Partners
''Man GLG'' (formerly GLG Partners) is a discretionary investment manager and a wholly owned subsidiary of British alternative investment manager Man Group plc. It is a diversified and multi-strategy fund manager that operates strategies including equity long-short funds, convertible arbitrage funds, emerging market funds and long-only mutual funds. The firm is also a founding member of the Hedge Fund Standards Board and a signatory of the Principles for Responsible investment. , Man GLG had $35.4 billion assets under management. History GLG was founded in 1995 by Noam Gottesman, Pierre Lagrange and Jonathan Green, as a unit of Lehman Brothers. The three founders met while working in Goldman Sachs' private client business in the 1980s. GLG was spun off by Lehman in 2000 before going public in 2007 through a reverse merger with Freedom Acquisition Holdings. At the time of the merger, GLG Partners Inc was valued at £3.3 billion, the then-largest alternative investment manage ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock exchange in the world by market capitalization, exceeding $25 trillion in July 2024. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (ticker symbol ICE). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. According to a Gallup, Inc., Gallup poll conducted in 2022, approximately 58% of American adults reported having money invested in the stock market, either through individual stocks, mutual funds, or 401(k), retirement accounts. __FORCETOC__ History The earliest recorded organization of Security (finance), securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, secu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MF Global
MF Global Holdings Ltd., formerly known as Man Financial, was a major global financial derivatives broker, or commodities brokerage firm that went bankrupt in 2011. MF Global provided exchange-traded derivatives, such as futures and options as well as over-the-counter products such as contracts for difference (CFDs), foreign exchange and spread betting. MF Global Inc., its broker-dealer subsidiary, was a primary dealer in United States Treasury securities. A series of perceived liquidity problems and large fines and penalties dogged MF Global starting in 2008, and led to its bankruptcy in 2011. In 2011, MF Global faced major pressures to its liquidity over several months. Some analysts and financial commentators indicate that MF Global probably experienced a number of trading days in 2011 during which the firm's bets on sovereign debt would have required the use of customer funds to meet capital requirements, thereby maintaining operating funds and possibly overall ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
