Man Group Finds Synergies With GLG Acquisition

As a result of the integration of London-based hedge fund manager GLG, Man Group plans on launching two new products "very shortly", according to the firm's third quarter earnings release.

One new venture is Man Systematic Strategies, which will develop quantitatively-based investment tactics. The firm will also launch Man IP220 GLG by the end of this month, which combines its AHL strategy for managed futures with the multi-strategy GLG Global Opportunities fund, according to the release.

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