Man World's Largest Hedge Fund, Dethroning Bridgewater With GLG Merger

Apr 27 2011 | 11:36am ET

The Man Group reclaimed a title it lost some time ago with its acquisition of GLG Partners, becoming once again the world's largest hedge fund.

The Man-GLG merger pushed Bridgewater Associates—in recent years the perennial world's largest hedge fund—into second place with $62 billion to Man's $69 billion. Likewise, JPMorgan Asset Management dropped one spot to third place, with $45.5 billion.


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