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Man Group funds drop, but withdrawals are slowing

MENAFN –  U.K. hedge fund manager Man Group reported a further decline in its assets under management Thursday, but said institutional customers have significantly slowed their withdrawals and private investor sales have been strong.

The group said funds under management at the end of its fiscal first quarter were $43.3 billion, down 7.5% from $46.8 billion at the end of March.

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