Man finalising negotiations over $1.5bn managed account deal

Thu Feb 3, 2011

Peter Clarke

Man Group is set to announce the win of a major European institutional client to set up a bespoke managed account platform to manage in excess of $1.5 billion.

Man had $68.6 billion in assets under management at 31 December 2010, according to the latest third quarter interim statement. The GLG deal added $25.4 billion to Man’s $40.5 billion at 30 September 2010. The...

ISSN: 2151-1845 / CDC10004H

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