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An informative guide for high net-worth individuals on the range of service providers that are available
May 2008
by Helen Avery
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As part of Man Investments’ plan to expand its range, the firm has joined its European credit manager, Pemba Credit Advisors, with Ore Hill, a US credit specialist. Man has taken a 50% stake in Ore Hill, and Ore Hill has taken a 50% stake in Pemba.
I don’t think it’s a Great Depression, I don’t think it’s Armageddon but I think that it’s purely wishful thinking for people to be forecasting a sharp V-shaped recovery in the second half of the year
Billionaire investor Wilbur Ross reckons the financial crisis is far from over.
