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.

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UK Chancellor Opens Man’s New International Headquarters

The Chancellor of the Exchequer, Rt Hon George Osborne MP, officially opened the new international headquarters of Man Group plc (‘Man’) Thursday at 2 Swan Lane, London. Man has signed a 20 year lease and relocated 957 employees to the £250m Corporation of London development on the banks of the Thames.

BofA, Citigroup, HSBC, Man Group

Ted Sihpol, the former Bank of America mutual funds executive who was acquitted a few months back on a raft of counts all in connection with alleged mutual funds trading abuses, will soon find out whether he faces a retrial. Although Siphol was acquitted on 29 counts, the jury was unable to reach a verdict on another four. Siphol's original retrial hearing, set for August 22nd, was postponed. Many now feel that US prosecutors will simply cut their losses and drop the case.

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.

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