Man GLG, the investment management arm of Man Group, has hired Simon Finch as chief investment officer of credit.
In this newly created role, Finch will be responsible for Man GLG’s credit business and will oversee the credit portfolio management teams.
Reporting to Teun Johnston, CEO of Man GLG, he will work closely with Man GLG’s CIO Pierre-Henri Flamand and Man Group’s CIO Sandy Rattray. Finch will also sit within Man Group’s executive committee and Man GLG’s management team.
Man GLG’s new credit CIO joins from CQS, where he was CIO and ran the firm’s multi-asset credit fund. Prior to that, he served at Abbey National where he was head of Portfolio Management.
Teun Johnston, CEO of Man GLG, said: “Simon’s extensive expertise and proven track record in credit investing will be highly valuable as we continue to build our fast-growing credit offering and further develop our suite of products. He will oversee each of our credit investment teams, bringing to bear a wealth of experience and know-how in this space. We are very excited about the contribution he will make and we look forward to welcoming him to the firm.”
Simon Finch, CIO of Credit, Man GLG, said: “Man GLG has built a very strong credit offering, made up of talented investors operating within a highly collaborative and collegiate environment. I look forward to supporting the team as we continue to develop a differentiated credit business that is enhanced by Man Group’s market-leading infrastructure and access to advanced quantitative techniques and technology.”
As at 31 December 2017, Man GLG had $35bn (€28.4bn) in AUM, of which $14.6bn (€11.8bn) were alternatives and $20.4bn (€16.6bn) were in long-only strategies.