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Man Group confirms deal talks with Numeric

Man Group confirms deal talks with Numeric

Man Group is in discussions to buy Boston-based investment firm Numeric Holdings.

In a statement to the stock exchange, Man confirmed it is in discussions to buy Numeric, which takes a quantitative approach to running some $13.9 billion.

Man has been particularly acquisitive in recent years, with its notable buy of hedge firm GLG Partners four years ago.

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Profile: DIY investing is biggest threat to industry, says Whitechurch

Profile: DIY investing is biggest threat to industry, says Whitechurch

The industry is at risk of pushing potential investors down the DIY route unless it does more to make its services accessible says the Whitechurch Securities boss

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