(EuroHedge) Man Group, the publicly-quoted London-headquartered global hedge fund group, saw its funds under management grow to $88.7 billion in the first quarter of 2017, a 10% surge from its 2016 year-end total of $80.9 billion. The group saw net inflows of $3 billion during the three-month period up to 31 March 2017, driven chiefly by strong inflows into its discretionary long-only and fund of funds alternatives businesses. At the same time, Man recorded positive investment performance of some $2.2…
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Man Group’s Assets Surge 10% to $88.7bn in First Quarter
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