City AM – Man Investments is Europe’s leading hedge fund, topping the list of an industry that has has bounced back as a whole in 2011.
Man’s hedge fund arm had assets under management (AUM) of $34.1bn (£20.9bn) as of 11 June, according to the Europe50 survey by The Hedge Fund Journal. Man’s figures were boosted by the acquisition of GLG Partners for $1.5bn in 2010. In second place in the table was BlackRock whose assets hit $34bn.
