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UK's Man Group to cut London jobs, move roles to Bulgaria, FT reports

Published by Global Banking & Finance Review

Posted on November 14, 2025

1 min read

· Last updated: January 21, 2026

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(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

Man Group to Relocate Jobs from London to Bulgaria for Efficiency

Man Group's Strategic Job Relocation

(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)

Key Takeaways

  • Man Group plans to cut jobs in London.
  • Roles will be moved to Bulgaria for better performance.
  • The decision aims to improve efficiency.
  • The report was published by the Financial Times.
  • Reuters has not verified the report.

Frequently Asked Questions

What is a hedge fund?
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.
What is job relocation?
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.
What is the London Stock Exchange?
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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