Posts Tagged ‘Man Group
Man Group in Talks with GLG, SAC
Man Group, the world’s biggest publicly traded hedge-fund manager, is scouting investments, acquisitions and distribution in the U.S. and has spoken with firms including GLG Partners and billionaire Steven A. Cohen’s SAC Capital Advisors LLP, according Businessweek.com. GLG Partners Inc., which manages more than $22.2 billion in investments, rose the most in more than nine [...]
BlackRock not taking over Man Group, Launching Asian Corporate Bond Hedge Fund
BlackRock, the world’s largest money manager, has taken a substantial stake in the Man Group, the world’s largest publicly listed hedge fund, prompting speculation that there might be a takeover in the works. According to a regulatory filing cited on FINalternatives, BlackRock, which manages $3.35 trillion in assets, now owns more than 10 percent of [...]
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