Man Group stressed yesterday that it no connection to the firm or any exposure.
Man Group plans to cut costs by $75m, which may represent 10% fewer staff from workforce of 1,500.
My suggestion is that the sponsors of the Man Group should be responsible for executing this programme.
The then-separate investment business retained the name of Man Group.
This business grew into Man Group, one of the largest investment management businesses in the world.
Gottesman and his partners sold the company to the Man Group on October 2010 for $1.6 billion.
It's hard not to feel they're fighting in a different class, and easy to understand why the Man Group opened the competition to the world.
Man Group was under pressure as the blue-chip index slipped 0.3pc.
The three performance artists known as Blue Man Group do wild things with music, kettledrums and paint.
Hedge fund manager, Man Group, was not far behind.
