Asset Management

Man Group targets growth in US wealth market

The UK-listed group has recently bolstered headcount in the US, ready to target wealthy clients

Kristina Hooper joined Man Group from Invesco in April as the firm’s first chief market strategist
Kristina Hooper joined Man Group from Invesco in April as the firm’s first chief market strategist Photo: PHOTO: Patrick T. Fallon/Getty

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.”

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