Clarke To Head Man Group

Sep 8 2006 | 12:00am ET

The world’s largest hedge fund manager, Man Group, has announced that finance director Peter Clarke will replace Stanley Fink as CEO next year. Fink, who plans to spend more time pursuing his work at charitable organizations, will become non-executive deputy chairman.

Clarke has worked at Man for the past 13 years, and has been finance director for the last six.

Fink took over as CEO in 2000. Under his leadership, the London-based firm saw its AUM grow to $54 billion from $4.7 billion.


In Depth

'Smart Beta' Funds In Regulators' Sights, Hedgies May Be Next

Mar 26 2015 | 11:11am ET

Funds that mimic strategies used by active managers for a fraction of the cost could...

Lifestyle

Study: Both Marriage and Divorce Lead to Negative Hedge Fund Performance

Mar 25 2015 | 6:51pm ET

Trouble at home leads to trouble in the market for fund managers, according to researchers...

Guest Contributor

The Life Settlement: Yield For The Investor And Cash For The Consumer

Mar 31 2015 | 6:48am ET

Investors are languishing in a yield-starved, low-interest rate environment, looking...

 

Sponsored Content

    Mar 9 2015 | 6:35am ET

    Kelly RodriquesKelly RodriquesAs more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…

Editor's Note