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Man Fund-of-Hedge-Funds Unit Expects Best Return Since 2009

Financial Risk Management Ltd., a unit of the world’s largest publicly traded hedge-fund manager Man Group Plc, may see the best return from its multistrategy funds of funds since 2009, said its chief investment officer.

Pools investing in hedge funds that trade different asset classes using various strategies may return 8.5 percent this year, as appetite increases for risky assets and markets move less in lockstep with each other, London-based Keith Haydon said in an interview yesterday, citing internal analysis.