6 Articles
6 Articles
Man Group orders London quants back to office amid underperformance
Man Group has instructed around 150 of its London-based quants to return to the office five days a week for a temporary period, as its flagship systematic arm, AHL, grapples with a stretch of disappointing performance, according to a report by the Financial Times. The return-to-office mandate at the world’s largest publicly listed hedge fund manager started in May and will run through the end of July, and represents a notable shift for the $172.…
Man Group has ordered its London-based quantitative managers to temporarily return to the office five days a week while performance is poor, reports the Financial Times. This applies to about 150 people in London working for Man AHL (less than 10% of the world's workforce) and covers a period of three months until the end of July.
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From FT: Man Group, the world's largest listed hedge fund manager, has ordered its London-based quants to temporarily return to the office five days a week amid a period of poor performance. Man AHL, the firm's flagship systematic investing arm, has told staff that it now expects daily attendance ... Article link
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