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Man Group posts further outflows, to cut costsMan 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 flagship fund. The More… |
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‘No capital outflows from UAE due to unrest'The United Arab Emirates has not seen capital outflows due to unrest in the region, the central bank governor said on Thursday, adding that inflationary pressures would not be of concern despite high oil prices. Anti-gov More… |
