Man Group-GLG Merger Sets Blueprint For Hedge Fund Consolidation

Against the backdrop of Brussels pushing forward with a controversial new regulatory framework for Alternative Investment (AI) Managers, two hedge fund giants have joined forces setting a blueprint for further consolidation across the industry. The move by the world's largest listed hedge fund, Man Group, to acquire rival GLG Capital for US$1.6bn, stands to create the world's largest hedge fund management firm, with assets under management totalling US$63bn.

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