Gartmore Grp Share Discussion Threads

[davidosh] 19/5/2010 15:57

A few of the main shareholders seem to have voted against the remuneration report or witheld votes to support the bonus packages it seems !!

[salpara111] 19/5/2010 14:58

shouldnt someone change the title of the thread from the word "Float" to "Sink"

[algernon2] 16/5/2010 18:18

A small mention in the "Sunday Times" Money section today.
Moderately positive and talking about some possible building up of a small stake upon takeover rumours.(Page 3 for those with the S.T. section and if interested).
Any thoughts anyone for next week?

[liquidkid] 14/5/2010 10:30

The way I see it is the funds made £1.2bn over the quarter. that is what goes to the bottom line over redemptions. The markets are too concerned with the Greeks not the Alpha hence the ramshackle shuffle to the exits.

[etome] 14/5/2010 07:46

Gartmore Group hit by withdrawals
Business Financial Newswire 14/05/10

Gartmore Group reports net outflows of £834m during April after the suspension of one of its star fund managers.

Asset under management as at 30 April 2010 were £22.4bn- up just 1% since the year end.

Furthermore, on the dealing day of 4 May 2010, there was an outflow of £380m from alternative funds. Up until the end of the first quarter assets under management had grown by 6% to £23.5bn but the outflows in April and May have hurt the Group.

CEO Jeffrey Mayer says: "The business performed reasonably well during the first quarter, however more recent events have caused a loss of momentum.

"With the reinstatement of Guillaume and other steps we have taken, we are in a position to regain that momentum."

[rossy73] 13/5/2010 00:05

mryesyes, agreed. The trading statement on Friday will show that we are making solid profits across the business and our funds. Guy was short of European stocks and indexes prior to the recent fall. He has closed these positions and has made on the upside when the market turned on Monday following the greek relief decision. The management statement on Friday will show lots of optimism for the business following this recent crisis and they will surprise with a low rate of redemptions of which many of these have come back on board. Also there are many new investors coming on board building up stock positions as they are quietly confident of a very positive interim management statement.

[liquidkid] 07/5/2010 11:31

Re: post 86

You'd have to be an idiote tobe redeeming from any Gartmore funds as this stage. IMS next Fri 14th

[liyangnano] 04/5/2010 16:04

any opinion about today RNS?

[algernon2] 28/4/2010 18:55

Yee Haw!!!!
Better end to the Day than i was expecting..

[liyangnano] 28/4/2010 16:50

any news from the conference tgoday?

[liquidkid] 28/4/2010 13:16

When (sh)its hit the fan & there's red all over the screens and blood on the street, you goto recommision your strategic nuclear weapon: Guillaume RAMBO-urg. Trigger happy finger on the BUY button.

[liyangnano] 28/4/2010 12:54

come on, go back 200p, please!

[liyangnano] 28/4/2010 12:54

Guillaume Rambourg Returns to Gartmore


TIDMGRT

Guillaume Rambourg Returns to Gartmore as an Investment Analyst

Darrell O'Dea Joins European Team

Gartmore today announces that following the completion of an internal
investigation Guillaume Rambourg, who was suspended in relation to a possible
breach of an internal policy, will return to work immediately, initially as an
Investment Analyst.

In a separate move to further strengthen the firm's fund management team,
Gartmore announces the appointment of Darrell O'Dea, who has a first class
track record as a leading European long only and hedge fund manager. He was
formerly lead manager of two Threadneedle Asset Management funds.

Jeff Meyer, CEO of Gartmore, comments: "We felt it was important to conduct a
very thorough and comprehensive investigation. I am glad Guillaume is back and
contributing to the funds and pleased to welcome Darrell O'Dea to the firm. I
would like to thank our clients for their support and patience in recent
weeks".

[rhodesthomson] 28/4/2010 12:38

Long from 138 this morning. Result or what.

[liquidkid] 28/4/2010 09:58

G...G...G...G....Ga....Ga.....Gar.....Gart...Guilla.....

GREECE!

[rhodesthomson] 27/4/2010 16:13

whoosh 140.3p. not too many buyers today.

[algernon2] 27/4/2010 09:47

And the fall?

[liquidkid] 27/4/2010 08:44

They now got a fall guy (dismissed only weeks before the Guillaume suspension) - hence the rise

[algernon2] 27/4/2010 01:15

Yes indeed,a very pleasant day,rise wise.
Here's to it continuing tomorrow.

[liyangnano] 26/4/2010 22:55

start going up again