Man Group's Stink Hasn't Rubbed Off On GLG Partners Just Yet


The formerly prominent hedge fund got more than an entirely new executive team from its reverse-merger with GLG: It got a shiny award proving that the whole company isn't totally useless.

GLG Partners, the alternatives manager Man Group bought three years ago, was Monday named leading pan-European hedge fund by corporates and brokers in the 2013 Thomson Reuters Extel Survey.

GLG – one of the largest trading counterparties with European investment banks and a big generator of commissions for them – has moved three places up from last year’s rankings to take the top spot….

GLG’s win in the “Leading Pan-European Hedge Fund” category was less good news for Tudor Capital, the European arm of Paul Tudor Jones’ Tudor Investment Corporation, which fell from first place last year to second.

French house Exane move up from 10th place last year to third in this year’s ranking. Och-Ziff Capital Management and Cygnus Asset Management, which were second and third last year, respectively, dropped out of the top three, according to Extel.

GLG Bucks Tudor Capital Off Hedge Fund Top Spot [WSJ MoneyBeat blog]


The GLG-ification of Man Group Is Nearly Complete

It sure was clever of GLG Partners' to get Man Group to pay $1.6 billion for the pleasure of being conquered from within.

GLG Partners' Reverse-Merger With Man Group Completed

GLG Partners has completed its takeover of the Man Group from within, two years after Man paid $1.6 billion for the pleasure of sinking into irrelevance.

By Apdency (Own work) [CC0], via Wikimedia Commons

Man Group Gives Up

The quantitative hedge fund of the past throws in the towel on the quantitative hedge funds of the future.


Baupost, GLG, Highbridge Outed As Weinstein Investors

And, since they were outed in a bankruptcy filing, also Weinstein losers.

Culture Clash Coming at GLG-Man Group?

GLG founder Pierre Lagrange is mates with Brad PItt, an executive producer on Nicholas Cage’s new flick “Kick Ass” and he’s got rockstar locks of hair. But that kind of flamboyance may not fit hand in glove with the button-down culture of GLG’s new owner, Man Group.