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Man announces senior hire

For Hire

Man Group has announced the appointment of Neil Mason as Senior Managing Director and Lead Portfolio Manager of the Man GLG multi-strategy portfolios, reporting to Luke Ellis, President of Man Group.

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Man Names New AHL CRO

Man Group plc has announced an addition to the management team at AHL, its industry-leading quantitative managed futures manager.

Refco Scandal - The Latest

The situation over at Refco seems to be changing almost by the hour. It is hard to believe that it is just seven days since the firm placed Phillip Bennett, its CEO, on indefinite leave after discovering that an entity he controlled owed it $430m. Although Bennett quickly repaid the monies, he was soon arrested and charged with securities fraud. There are now concerns about how profitable Refco has really been over the last few years. The firm's 2,400 staff are naturally concerned for their future. Many of Refco's shareholders, who have seen their investment fall 60% in a week, will now be looking forward to their day in court.

Sunday Times 'City Rich List' - Top 20

The Sunday Times has just published its second annual 'City Rich List'. The newspaper has used various means to calculate the net-worth of the individuals mentioned - and many of those who made the list will not welcome the numbers applied against their names. Here's the Top 20 and a few other interesting entries:

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