Man SE (MANG_p.DE)
* Man Group surges after strong update (Adds detail, updates prices at close)
LONDON, Oct 14 Britain's leading share index climbed on Monday after falling in the previous three sessions, with Man Group surging after a strong trading update and miners tracking firmer metals prices.
LONDON Man Group, the world's biggest listed hedge fund, announced a rise in third-quarter assets under management, an acquisition and plans to buy back $100 million of shares, sending its stock as much as 17 percent higher on Friday.
* Shares jump as much as 17 percent (Adds analysts, shares, detail, background)
LONDON, Oct 14 Man Group, the world's biggest listed hedge fund, said demand for its quantitative strategies and market gains pushed quarterly funds under management up 6 percent.
* Decision follows restructuring, job cuts at MAN (Adds detail and background)
FRANKFURT, Sept 23 Germany's MAN SE plans to cut 1,400 jobs at its diesel-engine operations, aiming to increase savings by more than 450 million euros ($500 million).