Cheyne Capital's European hedge fund manager Moni Sternbach has joined GLG to work on a new mid-cap long/short strategy set to be launched later this quarter.
Man Group has reported net inflows of $400m (£250m) in the third quarter of 2014, as renewed interest in its quantitative strategies was offset by redemptions at GLG.
Investors looking at asset managers' shares should be buying into Jupiter, Schroders and Aberdeen this year, as major acquisitions and RDR continue to benefit the three businesses, according to JPM Cazenove analysts.
Alternative investment boutique Man Group has seen net inflows of $700m in Q3 as positive performance from GLG offset problems with its flagship strategy.
Man Group has appointed Neil Mason as senior managing director tasked with leading GLG's multi-strategy portfolios.
GLG Partners has launched a Total Return fund for its macro and relative value team, led by Jamil Baz and Sudi Mariappa
Hedge fund manager Man Group's shares nosedived on Wednesday, after its flagship hedge fund AHL reported one of its biggest weekly losses.
UK equity markets have got off to a flying start this year, with the FTSE All Share and FTSE 100 both enjoying double-digit returns, but which stocks have stood out?
The trader suspended from GLG amid an FSA insider dealing probe worked on co-founder Pierre Lagrange's European long/short fund, Investment Week can reveal.
Jupiter has been tipped as a likely winner in the asset manager space as the gap between those who receive advice and those who do not widens and pushes more consumers to self-invest.