John Kelly to expand Man Investment's US business

European-based Man Investment Products, with $7.5bn under management, is to expand its business in the US under the leadership of John Kelly, Man's global director of sales and marketing for the last 10 years.

Kelly is currently setting up a Chicago office and is putting in place a marketing, sales and support team with the aim of commencing operation in September.

Stanley Fink, chief executive, Man Group plc, said: 'Glenwood, our fund of funds operation in Chicago, has significant US

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