Hedge Funds

Man Group imposes stricter non-compete agreements for top investment talent

London-listed hedge fund says the move is ‘consistent with industry standards’ as war for top talent intensifies

Man Group imposes stricter non-compete agreements for top investment talent
Photo: Universal Images Group via Getty Images

Man Group has implemented stricter non-compete agreements for its top staff as the battle for hedge fund talent intensifies. The move has sparked push back from some employees at the London-listed firm.

The $193bn alternatives group told staff in February that they would have to sign agreements that would prolong the period between them leaving the firm and joining a competitor, according to the Financial Times which cites three people familiar with the matter.

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