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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: The opportunity set that attracted Brett Williams to wealth management

Profile: The opportunity set that attracted Brett Williams to wealth management

Brett Williams is best known for helping to build some of the biggest platforms in the IFA market.He made the move over to wealth management to head SEI’s UK business earlier this year in the belief that this is where the best opportunities now lie.

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