People moves

Man Group names GLG executive Phillips as head of UK retail group

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Following the acquisition of GLG by Man Group in mid-October this year, the group has appointed Richard Phillips as head of UK retail for the combined business. Phillips, who was previously co-head of UK retail for GLG, will assume responsibility for developing and implementing the enlarged group’s retail sales strategy in the UK.

The firm said that the key focuses for Man in the UK retail market includes its Man AHL Diversity UCITS product and a range of products from GLG’s existing suite of absolute return and long-only products.

Phillips joined GLG from SGAM where he had worked since 1998