Hedge Funds
Hedge fund giant Man Group sees funds under management hit record high as alternative strategies rise Submitted By Hugh Leask | 02/03/2021 - 12:59pm Man Group, the publicly-quoted London-headquartered global hedge fund group, has seen its funds under management hit record highs, with its hedge funds and alternative strategies posting strong performances amid 2020’s unprecedented coronavirus-fuelled turbulence, despite a fall in annual pre-tax profits for the company. The FTSE250-listed group’s funds under management surged to a new high of USD123.6 billion last year - a USD5.9 billion rise from the USD117.7 billion recorded at the end of 2019.

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