News: Fortress Investment Group LLC (FIG.N)

FIG.N on New York Stock Exchange

7.98USD
1 Aug 2013
Price Change (% chg)

$0.13 (+1.66%)
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$7.85
Open
$8.05
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$8.10
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$7.88
Volume
280,652
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269,159
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$8.13
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Thu, Aug 1 2013

Fortress profit soars in second quarter as its funds perform

NEW YORK - Fortress Investment Group on Thursday reported its profit almost tripled in the second quarter as double-digit returns in its hedge funds and a solid performance in its credit funds led to higher incentive income.

Fortress hedge fund bets yen slide has further to run

LONDON - The flagship hedge fund of Fortress Investment Group is betting on a further slide in the Japanese yen, predicting the new central bank governor in Tokyo will step-up the pace of monetary policy easing.

Fortress hedge fund bets yen slide has further to run

LONDON, March 20 - The flagship hedge fund of Fortress Investment Group is betting on a further slide in the Japanese yen, predicting the new central bank governor in Tokyo will step-up the pace of monetary policy easing.

Fortress profit climbs on strong fund returns

- U.S. alternative asset manager Fortress Investment Group LLC said on Wednesday that quarterly profit more than doubled as many of its funds recorded gains that helped boost fee income, beating estimates.

UPDATE 3-Fortress profit climbs on strong fund returns

Feb 27 - U.S. alternative asset manager Fortress Investment Group LLC said on Wednesday that quarterly profit more than doubled as many of its funds recorded gains that helped boost fee income, beating estimates.

Fortress profit climbs 114 pct in Q4

Feb 27 - Fortress Investment Group LLC's profit rose significantly in the fourth quarter as many of its funds recorded gains that helped to boost incentive income as well as management fees.

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