Man AHL Funds Soar

Sep 9 2014 | 8:24am ET

Man Group’s long-downtrodden flagship strategy has perked up in the summer sun.

Man AHL Diversified, which has suffered from subpar performance for several years, is up 17.6% this year after a strong summer, the Financial Times reports. And things are going so well at AHL Evolution that Man on Friday told clients it was doing something recently unthinkable: soft-closing the vehicle to new money.

AHL Evolution has swelled to US$3.5 billion, with inflows attracted by its strong performance in recent years, having returned 16.9% last year and 23.6% in 2012.

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