Published by Global Banking & Finance Review®
Posted on November 14, 2025
1 min readLast updated: January 21, 2026
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Man Group plans to cut London jobs, relocating roles to Bulgaria to boost efficiency, as reported by the Financial Times.
(Reuters) -UK-listed hedge fund Man Group plans to cut London-based jobs and move some roles to Bulgaria in a bid to improve performance, the Financial Times reported on Friday, citing people familiar with the matter.
Reuters could not immediately verify the report.
(Reporting by Ananya Palyekar in Bengaluru)
A hedge fund is an investment fund that pools capital from accredited investors and employs various strategies to earn active returns for its investors. These funds can invest in a wide range of assets, including stocks, bonds, and derivatives.
Job relocation refers to the process of moving employees from one location to another, often to improve operational efficiency or reduce costs. This can involve transferring roles to different cities or countries.
The London Stock Exchange (LSE) is one of the largest and oldest stock exchanges in the world, where shares of publicly traded companies are bought and sold. It plays a crucial role in the global financial market.
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