Man Group Assets Shrink in Second Quarter on Investment Losses

Updated on
  • Assets fell to $76.4 billion from $78.6 billion in quarter
  • London-based hedge fund says outlook remains uncertain

Man Group Plc, the world’s largest publicly traded hedge-fund firm, said its assets dropped in the second quarter as investment losses totalled $1.5 billion. The shares fell as much as 4.3 percent.

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