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Man Group assets hit record $270.9bn as hedge fund inflows accelerate

Reported · Written up by our desk · Equity Funds

Man Group's assets under management rose nearly 7% to a record $270.9bn in the third quarter, driven by strong investor inflows into its hedge fund and long-only strategies alongside positive investment performance, according to a report by Bloomberg. The London-based investment manager, the world's largest publicly traded hedge fund firm, reported an increase from $253.6bn at the end of June, with net inflows of $1.9bn into its alternative investment strategies and $8.2bn into long-only products during the three months to September. The results exceeded analyst expectations, with total assets

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