Man Group, the beleaguered publicly-quoted alternatives group,
has taken action to arrest its dramatic recent share price
slide with senior hires to strengthen the investment team on
its flagship AHL systematic trading engine and a major
acquisition to shore up its flagging fund of funds business.
The firm, led by group CEO Peter Clarke, has hired two
experienced outsiders to beef up the team on the key AHL
managed futures strategy - and is also buying $8 billion FRM