UK – Glenwood, a wholly owned subsidiary of the Man Group, the international hedge fund and futures broker, has been appointed as strategic hedge fund consultant to General Motors Investment Management Company (GMIMCo).

Glenwood has also received “substantial allocations” to its funds by GMIMCo, on behalf of the General Motors Pension Plans, and by another “large” undisclosed US pension fund totalling over $200m (€234m).

The inflows bring the total value of institutional mandates won by Glenwood in the last six months to more than $400m.