Media. News and press releases from across Man Group.

London, 9 October 2023

Man GLG, the discretionary investment engine of Man Group plc (‘Man Group’), today announces the appointment of Albert (‘Al’) Chu as Portfolio Manager where he will lead a new natural resources-focused investment strategy. He will be based in Man Group’s Boston office and report to Teun Johnston, CEO of Man GLG.

Al brings over two decades of portfolio management experience to Man GLG in sectors including energy, materials, and natural resources. He joins the firm from BNY Mellon where he focused on natural resources strategies. Prior to that, he held various positions at Precocity Capital, Caxton Associates, Citadel, SAC Capital, and Alger. Al began his career during the 1998 Asian financial crisis, where he worked for Oppenheimer & Co. as an associate on the Mergers & Acquisitions team. He holds a BA from the University of Michigan and an MBA from Cornell University.

Teun Johnston, CEO of Man GLG, commented:

“We are very excited to welcome Al to the Man GLG team. We continuously look for experienced portfolio managers that can add breadth to our strategy offering. Al has deep expertise in the natural resources sector, having managed portfolios for clients over a number of years. This sector is undergoing significant change currently, driven by cyclical and secular trends, and as such provides an opportunity to unlock alpha. We continue to be excited about the opportunity to combine deep industry expertise with advanced technology and quantitative expertise.”

Al Chu, Portfolio Manager at Man GLG, added:

“The natural resources sector presents a fascinating yet complex opportunity for Man GLG and its clients. I look forward to establishing this new offering and harnessing Man Group’s robust technology-driven approach for an asset class that continues to grow in importance around the world.”