Man Group aims for U.S.

Man Group has thrived in London, but New York beckons like never before. And the hedge fund giant is determined to finally make inroads in what could be a very lucrative market. Uwe Eberle, CEO of the U.S. arm since December 2007, thinks the firm can compete with the likes of the Blackstone Group and other brand names. And, as Alpha reports, he scoffs at the idea that Man is little more than an efficient gatherer of assets. The firm may need a more appropriate product line-up; its specialty is products that guarantee to preserve capital. And it may need a bigger presence in the consultant universe. Eberle is addressing all of that, but he has a long road to travel at a very tough time. A flight to quality seems to be underway that will make it that much harder for outsiders to break in. Of course, good returns will open doors.

For more:
- here's the Alpha article

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