Monday, May 27, 2024

Man Group performance gains outweigh outflows in Q1

Man Group CEO, Robyn Grew

Man Group’s investment gains outweighed outflows in Q1, with many hedge fund strategies performing strongly to push AuM to a new high.

Returns boosted alternative AuM at the world’s largest listed hedge fund manager by $4.5bn and long-only by $5.3bn, taking firm-wide assets to $175.7bn at the end of the quarter.

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