Man Reshuffles Product Lines

Dec 3 2008 | 1:20pm ET

Man Group has made a few changes involving the merger of two of its core investment strategies: Glenwood Capital Investments and Man Global Strategies.

The new combined business, dubbed Man Glenwood Strategies, will merge the investment, manager relationships and research network behind the Glenwood model, with the operational, investor service and managed account infrastructure of Man Global Strategies.

Man Glenwood will offer a range of private and institutional investor products, including managed futures, style-based and multi-manager offerings.
The new group will be led by John Rowsell, chief investment officer and previously head of Glenwood.

“One thing that is clear about the turbulence we have experienced in the financial markets in 2007 and 2008 is that we need to be more adaptable and ready to take advantage of the opportunities that will be available to investors,” said Rowsell.

Man managed an estimated US$61 billion in total assets as of the beginning of November.

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