Media. News and press releases from across Man Group.

Manny Roman, Chief Executive Officer of Man, said: “2012 was another tough year for Man. Trading conditions were highly challenging as markets continued to be dominated by political uncertainties in Europe and the US and macroeconomic risks.

Man Investments Holdings Limited, a subsidiary of Man, one of the world’s largest independent alternative asset managers, will invest EUR 1.6 million to acquire a 20% stake in OFI MGA, OFI Group’s subsidiary dedicated to alternative investment, with the option to become a majority shareholder in three years’ time.

GLG, the discretionary investment manager of Man Group plc (“Man”) today announces a number of senior hires to its macro and fixed income team. The appointments are part of a focus on expanding GLG’s strategy as it relates to absolute return macro and fixed income.