Man Group has completed its purchase of GLG Partners, creating a diversified fund group running $63bn of assets.
Following completion of the takeover, GLG is now a wholly owned subsidiary of Man. Peter Clarke, Man's chief executive, says: "The acquisition is a significant milestone in Man's development. "Investors...
Targeting €1trn AUM by end of 2020
Groups firming up plans
Managed by Jeff Kernagis
Apollo Multi Asset Management has taken over the offshore multi-asset business of Frontier Investment Management.
Re-elected in September