Financial Times FT.com

GLG scrambles to hold on to star fund manager

By James Mackintosh in London

Published: April 15 2008 20:34 | Last updated: April 15 2008 20:34

The top-performing fund manager at GLG Partners unexpectedly resigned this week and is in talks with the London hedge fund over “options” for the future, the company said.

New York-listed GLG – which restated last year’s $93m net income to a $311m loss because of a non-cash-accounting error – said in a statement Greg Coffey quit on Monday but withdrew his resignation.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this