Man Adds Ex-Pension Head

The Man Group has hired a former British pension chief as it attempts to lure more money from that sector.

Judy Saunders was named a senior adviser to Man's U.K. institutional team. She formerly spent seven years as chief investment officer at the West Midlands Pension Fund, which manages some £8.7 billion.

"Judy's experience at the West Midlands Pension Fund will prove invaluable in tailoring and improving our ability to meet client needs in the U.K.," Paul Dackombe, head of U.K. institution sales, said.