Man moves higher as hedge fund group announces more job cuts to stem decline - Breaking News Allvoices

News Stories Related To: Man moves higher as hedge fund group announces more job cuts to stem decline

Ahl : Iran | 10 months ago  
It has already announced cost savings of $85m and now it is looking for another $100m reduction over the next 18 months. Some 400 jobs went following its takeover of rival GLG and more...
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    Guardian Unlimited | 10 months ago
    Miguel Villagran/Getty Images Four months after announcing its last slimming pledge, hedge fund manager Man Group is at it again...It did not require a new finance director, in the form of Jonathan Sorrell, to see that more had to be done.
  • Man Group cuts $100 million of costs as assets tumble

    International Business Times | 10 months ago
    Hedge fund manager Man Group plans to cut costs by a further $100 million (64 million pounds) a year, its first move under finance director Jonathan Sorrell to shore up profits in the face of dwindling sales. The fund firm, whose shares have lost...
  • DealBook: Man Group Announces More Cost Cuts as Assets Decline

    International Herald Tribune | 10 months ago
    Shares in Man Group, the world's largest publicly traded hedge fund manager, rose sharply on Tuesday after the firm announced a new round of cost cuts aimed at stemming the continuing decline in its assets under management. Man Group said it would...


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