New Hire at Man Group

January 26, 2016 James Heinsman Hedge Fund News

Guillermo Osses has been hired by the Man Group PLC to be the new head of emerging-market debt strategies. He was formerly head of emerging market debt at HSBC Global Management. Neither Osses or a spokeswoman for Man Group chose to comment on the move. HSBC confirmed the hire, and said that Osses’ position has been filled internally.

Chief Executive Manny Roman of Man said last year that there is an abundance of attractive trades which are available to bet on both the rising and falling of corporate bond prices. He stated that credit “offers and enormous amount of opportunities around the globe.”

Man hired former fund manager at Perry Capital, Himanshu Gulati, to be its head of US distressed credit.

Mr. Osses, who is from Argentina, will be based in New York, as is Gulati. Man is hoping to build a money-making presence in the US market. Man manages $76.8 billion in assets.

Guillermo Osses, Himanshu Gulati, Man Group Plc, Perry Capital,

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