Man returns underscore rationale behind GLG move (Fund News)
Mixed returns and heavy redemptions from clients at Man Group underscored plans to acquire rival GLG Partners, the listed hedge fund said in its full-year results released yesterday.
Shareholder sues GLG over acquisition by Man Group (Fund News)
GLG Partners, the US-listed hedge fund manager that is being acquired by Man Group, is being sued by a shareholder who accuses its management of unfairly gaining from the deal.