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Man Group agrees to acquire NewSmith

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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.

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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.