As Profits Soar, Man Group Loses a Leader

The Man Group posted a 60 percent gain in earnings last year, but said it is losing the man that helped turn it into the world’s largest publicly traded hedge fund manager.

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But in a bittersweet addition to the strong results, Man said that Stanley Fink, one of the most influential and wealthiest figures on London’s financial scene, plans to retire after two decades with firm to devote his time to philanthropy.