As Fink departs, Man signals ambitions

Man Group signalled on Thursday that it intends to scoop up smaller rivals as Stanley Fink, its long-time leader, announced his retirement from the FTSE100 hedge fund company. The news of Fink’s departure, set for July, came as Man revealed a 60% jump in full-year profits and strong performance by its hedge funds in defiance of tumultuous market conditions and the woes of some competitors…….
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  29 de May , 2008| hedgefunds | @ 21:27

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