Man Group Shares Tumble As Asset Base Shrinks 8.5%

Sep 28 2011 | 8:44am ET

Man announced in a statement that its assets will fall 8.5% to $65 billion as of September 30, from $71 billion at end-June. Investors redeemed $2.6 billion from the group’s funds in the second quarter. Man CEO Peter Clarke told reporters during a Wednesday conference call that those redemptions had included a “couple” of single investors in September withdrawing “a few hundred million."


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Publisher's Note

    Hedge Funds Care Gala Raises $2 Million For Charity

    Mar 10 2014 | 11:33am ET

    A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…