London hedge fund manager Man Group plc has apparently become a victim of the short selling of its peers. After its stock fell almost 8% Tuesday, the company asked the Financial Services Authority to add its name to the 34-strong list of companies, mainly banks and insurers, where short selling is restricted. Man made no public comment on the ironic twist Wednesday but instead put out a statement insisting recent short-selling restrictions introduced across the world won't affect it. It also sees no "material impact" from the collapse of Lehman Brothers Holdings Inc. or the bailout of American International Group Inc. The stock recovered and by midafternoon was trading 2.6% higher at 408.50 pence ($7.56). - Laura Board
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