MAN Group to exploit brokers’ tips through ETF launch

Reuters – Hedge fund giant Man Group is to enter the ETF market with the launch of an innovative fund designed to exploit brokers’ tips.

According to the Financial Times, Man GLG Europe Plus Source ETF, will trade brokers’ tips through computer algorithms. The strategy has been devised by MSS, an in-house research team formed following MAN’s acquisition of GLG Partners last October.

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