The Big Interview: Richard Phillips

Two years of takeovers and mergers have seen GLG transformed. Head of UK retail Richard Phillips tells James Smith how the acquisition of SGAM and subsequent takeover by Man Group have created a firm that can offer a much broader range of options

Alternative asset manager GLG has undergone major change in the past two years, first buying SG Asset Management and then itself being acquired by Man Group last October. Richard Phillips has been with SG since 1998, and took up the head of UK retail role at Man post-acquisition. He said the real overhaul came during the transition from SG to GLG, with most of the funds changing manager or mandate. “Man is a FTSE 100 company, with all that entails, but the only significant change to my role as head of UK retail from GLG is access to a wider range of products,” he added. “GLG initia...