Man Group

Man AHL, the quantitative investment arm of Man Group, has launched four UCITs-compliant systematic strategies with different return profiles.

After five years languishing at the bottom of performance tables, the trend-following fund MAN AHL Diversity managed to produce a stellar return last year, as asset classes diverged.

Hedge fund manager Man Group has agreed to acquire fund boutique NewSmith for an undisclosed sum.

GLG's Jon Mawby and Andy Li have repositioned their £1bn Strategic Bond fund following the announcement of a €1.1trn quantitative easing programme by the European Central Bank (ECB).

Charlie Long and Nick Judge boosted the performance of the £304m GLG UK Select fund in 2014, after a rocky second quarter forced them to review the fund's risk management processes.

Cheyne Capital's European hedge fund manager Moni Sternbach has joined GLG to work on a new mid-cap long/short strategy set to be launched later this quarter.

Man Group has reported net inflows of $400m (£250m) in the third quarter of 2014, as renewed interest in its quantitative strategies was offset by redemptions at GLG.

Investors looking at asset managers' shares should be buying into Jupiter, Schroders and Aberdeen this year, as major acquisitions and RDR continue to benefit the three businesses, according to JPM Cazenove analysts.

Alternative investment boutique Man Group has seen net inflows of $700m in Q3 as positive performance from GLG offset problems with its flagship strategy.

Man Group has appointed Neil Mason as senior managing director tasked with leading GLG's multi-strategy portfolios.