Telegraph – The world’s largest listed hedge fund said it expects to post net inflows of $700m (£438m) during the period ending March 31 – boosted by about $5.3bn worth of sales. Of these inflows, more than half are likely to be accounted for by GLG, which was acquired for $1.6bn last year to reduce the group’s dependence on computer-driven funds. This will offset a weaker performance at the company’s existing AHL unit.
Man Group client exodus ends after two years with acquisition of GLG
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