People moves

Lagrange appointed Man chairman for Asia

by

Pierre Lagrange
This month, Man Group’s regional expansion took a more decisive stance with two high-level appointments.

Pierre Lagrange, who is a member of Man’s executive committee, was appointed the group’s new chairman for Asia. Lagrange was a co-founder of GLG Partners, which was acquired by Man last year.

Man also hired David Mercurio, a senior portfolio at the Singapore-controlled sovereign fund GIC, to lead its Asia equity team and to co-head the group’s global equity strategies. He will be reporting to Lagrange, who despite having ascended to the chairmanship of Man Asia, will continue