Hedge Fund Man Group's Assets at Record on Low-Cost Products
- Large mandates with low margins boosted first-half inflows
- Fund of funds, computer-driven investment attracted investors
This article is for subscribers only.
Investors are falling in love with hedge funds again, just at a lower cost.
Man Group Plc, the world’s largest publicly traded hedge-fund firm, reported record assets under management on strong inflows and investment gains as the industry makes a comeback from years of mediocre performance. The London-based firm received net inflows of $8.2 billion in the first half as it won several large, low-margin mandates, according to a statement Tuesday.