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Hedge Fund Man Group Shares Bounce After Assets Rise In First Half

by reuters.com posted 9months ago 20 views
LONDON (Reuters) - Shares in British hedge fund firm Man Group (EMG.L) rose more than 5 percent on Wednesday after it generated higher returns from fees and saw assets under management climb by 4.2 percent in the first half. Gross management and other fees rose 26 percent to $423 million at June 30, compared to $378 million in the first six months of 2017.

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