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The Boston Globe

Business

Chief executive leaving Man Group

LONDON — Man Group, the world’s largest publicly traded hedge fund manager, said Monday that Peter Clarke would retire as chief executive at the end of February, after almost 20 years with the firm.

The company, which has recently struggled to stem an outflow of client money, has appointed its chief operating officer, Emmanuel Roman, to succeed Clarke. Clarke informed the board of his intention to retire, the company said in a statement.

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