Pierre pressure

While virtually anonymous to the UK market before its SGAM takeover, Pierre Lagrange's GLG is letting its performance do the talking

When GLG Partners announced in December last year it was acquiring Société Générale’s UK asset management business (SGAM), it is likely the majority of local investors would not have heard of the company. Highly regarded in the alternatives space for more than a decade, the New York Stock Exchange-listed GLG had virtually no presence in the UK retail market until the turn of the year. Despite boasting some of the top-performing UK and international funds throughout the recent market downturn, GLG’s range and suite of top-performing managers have been off the radar to all but the most ...