Sunday, 2 August 2015
Last updated 1 day ago
May 8 2012 | 12:24pm ET
The Man Group has reshuffled the top leadership of its flagging flagship.
The giant listed hedge fund, whose shares are trading at a 10-year low, said that Douglas Greenig would take over as chief risk officer for the $21 billion AHL strategy. He succeeds Matthew Sargaison, who was named chief investment officer.
Greenig is a mathematician who formerly worked at RBS Greenwich Capital and Fortress Investment Group.
AHL is down 7% over the last 12 months and remains about 17% shy of its high-water mark.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…