Man Group plc looks to Triple US assets under management
| June 21st, 2011 | ||
| London-based Man Group plc, which is already one of the world’s largest hedge fund management firms, is looking to aggressively build it client base in the United States. According to the Dow Jones Newswires, Man Group is aiming to triple its US assets within five years. Currently, US assets only represent 7% of the Man Group’s overall $71 billion in assets under management. Late last year, the Man Group took a big step towards establishing its US footprint by acquiring NY-based GLG Partners for $1.6 billion. | ||
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GLG Partners |
Man Group plc |
Related People: Emmanuel Roman;
Related Entities: AHL;
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News
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1 Comments
by james on April 24th, 2012
This is definitely a big move here to move so fast with this. I hope this will benefit the future for this. Definitely a big chance here. zoloft side effects women
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