Man Group last month incorporated a new company AHL Partners LLP, according to documents filed at Companies House. Following the creation of the partnership structure, AHL’s employees are now listed on the UK’s Financial Services register under AHL Partners LLP.
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The division is to launch new funds and is poised to embark on a hiring spree, the Financial Times reported.
The measures are ultimately aimed at reducing Man’s reliance on its $14bn flagship futures fund, also named AHL, which has floundered in recent years. At its peak, AHL managed assets of more than $24bn, the publication added.
The company, in one of its first new hires, has appointed Peter Park from rival Graham Capital Management as its new deputy head of research.
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