Hedge fund giant Man Group sees assets fall 8 per cent in first half, as coronavirus crisis creates performance challenges Submitted By Hugh Leask | 30/07/2020 - 11:31am Man Group has seen its funds under management tumble 8 per cent this year, as investment performance took a hit and investor redemptions spiked during the coronavirus crisis - but CEO Luke Ellis says the London-headquartered publicly-traded hedge fund group remains well-positioned despite 2020’s ongoing challenges. Man’s funds under management fell to USD108.3 billion in the first six months of the year, down from USD117.7 billion at the start of January.