London-listed alternatives firm Man Group is eyeing expansion in the US wealth market after bolstering its headcount in North America.
“We’ve been hiring pretty significantly in the US in terms of regional salespeople,” Eric Burl, head of discretionary at Man Group, told Financial News. “We’ve got a sales force now that are chomping at the bit. We recognise that we can’t sell European products into the US market, so we’re going to need US-specific products.”