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Hedge Fund Giant Man Group Sees Funds Under Management Hit Record High As Alternative Strategies Rise

by hedgeweek.com posted 1month ago 201 views
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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