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Archive for the Man Group Category

Jennifer Stillman appointed Director Consultant Relations at Hermes Fund Managers (Hermes)

Hermes Fund Managers (Hermes) has announced the appointment of Jennifer Stillman as director at Consultant Relations. Based in London, she will report into Harriet Steel, global head of Business Development. Stillman has 16 years investment management experience, and was previously the head of Business Development for Nightscape

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Man Group new CEO for Australian business

UK-based alternative asset manager Man Group has appointed Jamie Douglas as chief executive of its Australian business, Man Investments Australia.  Douglas is the former managing director for all foreign exchange and emerging markets at JP Morgan London’s chief investment office. He will be responsible for providing local

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Man Group CFO Share Purchase

Less than four months after taking over as chief financial officer at Man Group, Jonathan Sorrell purchased 304,878 shares in the company at a price of 82 pence each on the 13th September. Following the transaction, shares in Man Group rose 4.5 % to 85.90 pence by 10am

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Man Group H1 2012 results, FUM & Corporate Restructure

Man Group’s first half of 2012 results showed a fall in funds under management of close to 10% as it reported a $5.7bn drop from its position at the end of last year. Chief executive Peter Clarke added: “Against a turbulent market and economic background, Man’s funds

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Hermes New Head of Marketing and Wholesale Team Build

Rob Page is the new head of marketing and communications at Hermes Fund Managers and will take up his position in September, having recently resigned his partnership at Ardevora. Page has previously worked at Hill Samuel before senior roles with Barings, New Star and Ignis before joining

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Man Group names Tim Peach Asia Managing Director

Man Group Plc has named Tim Peach as managing director and head of its operations in Asia Pacific. Peach Replaces Tim Rainsford, Man’s previous managing director for the region. Rainsford has moved to London from Hong Kong as head of European sales for the firm. Peach, who

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Man to acquire FRM

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. Man will integrate FRM with its multi-manager business. Man and

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Man Group Outflow – $1 Billion in Q1 2012

Man Group Plc (EMG), the world’s biggest publicly traded hedge fund manager, reported that clients withdrew a net $1 billion in the first quarter, while costs such as employee bonuses ate up more cash than analysts expected. Source Bloomberg: read full article here;   

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