Man’s Osses Managing Emerging-Market Fund With American Beacon

(Bloomberg) Guillermo Osses, who joined Man Group Plc., the world’s largest publicly traded hedge fund firm, in January, is managing a new emerging-market fund with American Beacon Advisors Inc. The fund invests in currencies, local interest-rate market and foreign-currency debt in developing nations, American Beacon, which manages $51 billion, said in statement Monday. Man Group, which oversees $79 billion, is the sub-adviser of the American Beacon GLG Total Return Fund.

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