Man Group

Man is a world-leading alternative investment management business.

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Man Group confirms 2016 a disappointing year

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Hedge fund Man Group disappointed investors with pre-tax losses of $272m for 2016 Wednesday, largely driven by accounting write downs at the company’s discretionary investments arm, GLG, and at FRM, Man’s fund of funds business.

Man Group announces new chief executive

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Man Group has announced that Luke Ellis will succeed Emmanuel (Manny) Roman as Chief Executive Officer on 1st September 2016. Manny will step down from Man Group’s Board on 31st August 2016 in order to take up the role of Chief Executive Officer at PIMCO from 1st November 2016.

People News: C Suisse, Man Group

Credit Suisse Canary Wharf

Credit Suisse has hired James Peterkin, from Barclays, to head its oil and gas team in Europe, the Middle East and Africa (EMEA), according to a memo seen by Reuters on Monday.

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Man Group Acquires Financial Risk Management

Man Group plc ('Man') has agreed to acquire the entire issued share capital of FRM Holdings Limited (Financial Risk Management 'FRM'), a global hedge fund research and investment specialist with funds under management of approximately $8.0 billion.

Sunday Times 'City Rich List' - Top 20

The Sunday Times has just published its second annual 'City Rich List'. The newspaper has used various means to calculate the net-worth of the individuals mentioned - and many of those who made the list will not welcome the numbers applied against their names. Here's the Top 20 and a few other interesting entries:

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Man Group agrees to acquire NewSmith

Man Group has entered into a conditional agreement to acquire the investment management business of NewSmith LLP, an equity investment manager with $1.2bn of funds under management.

Firms Signing Up For Free Access To Global Candidate Database

The pictures of former Houlihan Lokey banking consultant Joshua Persky pounding the streets of New York's financial district trying to get a job sent a shiver up many a spine. Financial markets professionals, aware that we are in the middle of the worst market crisis probably since the 1930s, wondered if they were looking at their own future.

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