Man Group

Man is a world-leading alternative investment management business.

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People News: C Suisse, Man Group

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.

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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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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Man Group announces new chief executive

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.

Man, Morgan Stanley, Nikko, RBC, Firms In $3.5bn Lawsuit

The Sunday Telegraph reports that Man Group, the world's largest publicly-traded hedge fund, has hired five investment banks, including Citigroup and Merrill Lynch, to handle the planned IPO of Man Financial, its US brokerage business. The unit is set to be valued at between $5bn and $7bn.

Other Here Is The City News In Brief

Dow Jones Newswires reported last week that Commerzbank has come out and confirmed that it is happy with its derivatives business. Rumours had been circulating that the business may have been in trouble.

Man Group Makes Two Board Appointments

Man Group plc ('Man'), has announced the appointment of Emmanuel Roman, Chief Operating Officer, as an executive director and Matthew Lester as a non-executive director with immediate effect.

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Man Group confirms 2016 a disappointing year

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.