Tuesday, 4 August 2015
Last updated 4 min ago
Jun 11 2013 | 10:42am ET
The Man Group may have hit on hard times, but its GLG Partners unit is as well-regarded as ever.
GLG, which Man bought in 2010, was named the leading pan-European hedge fund in this year's Thomson Reuters Extel Survey of corporates and brokers. GLG knocked last year's winner, Tudor Investment Corp.'s European unit, into second place.
Paris-based Exane Asset Management was third, up from 10th last year. Och-Ziff Capital Management and Cygnus Asset Management, second and third in last year's Extel survy, fell out of the top three this year.
This year has seen something of a shakeup at the top of the Extel surveys, with GLG ousting Tudor and Bank of America Merrill Lynch toppling UBS as leading pan-European brokerage for equity research. UBS had won that top spot for 12 straight years.
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…