News: Man Group PLC (EMG.L)

EMG.L on London Stock Exchange

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Fri, Jun 20 2014

Man Group steps up U.S. push by buying Numeric for initial $219 mln

LONDON - British hedge fund firm Man Group has bought U.S. peer Numeric Holdings for an initial $219 million to broaden its computer-driven business and increase its presence in the United States.

RPT-UPDATE 1-Man Group steps up U.S. push by buying Numeric for initial $219 mln

LONDON, June 19 - British hedge fund firm Man Group has bought U.S. peer Numeric Holdings for an initial $219 million to broaden its computer-driven business and increase its presence in the United States.

Man Group steps up U.S. push by buying Numeric for initial $219 million

LONDON - British hedge fund firm Man Group has bought U.S. peer Numeric Holdings for an initial $219 million to broaden its computer-driven business and increase its presence in the United States.

UPDATE 1-Man Group steps up U.S. push by buying Numeric for initial $219 mln

LONDON, June 19 - British hedge fund firm Man Group has bought U.S. peer Numeric Holdings for an initial $219 million to broaden its computer-driven business and increase its presence in the United States.

Man Group buys Numeric Holdings for initial $219 million

LONDON - Man Group has bought U.S. asset manager Numeric Holdings for an initial $219 million to broaden the British hedge fund's U.S. and computer-driven fund activities.

Man Group buys Numeric Holdings for initial $219 mln

LONDON, June 19 - Man Group has bought U.S. asset manager Numeric Holdings for an initial $219 million to broaden the British hedge fund's U.S. and computer-driven fund activities.

BRIEF-Man Group buys Numeric Holdings for initial $219 mln

* Numeric is a privately-owned, Boston-based quantitative equity manager with $14.7 billion of funds under management as at 31 May 2014

RPT-Fitch: Man Group's M&A Strategy May Boost Scale, Diversification

June 11 - (The following statement was released by the rating agency)

Man Group boosts U.S. fund of funds business with Pine Grove deal

LONDON - British hedge fund manager Man Group said on Monday it is buying credit-focused privately held fund of hedge fund firm Pine Grove Asset Management, stepping up a push into the United States.

REFILE-UPDATE 2-Man Group boosts U.S. fund of funds business with Pine Grove deal

LONDON, June 9 - British hedge fund manager Man Group said on Monday it is buying credit-focused privately held fund of hedge fund firm Pine Grove Asset Management, stepping up a push into the United States.

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