(Opalesque) British hedge fund manager Man Group reported a drop in assets over the first half as its Long-only funds were pummelled in a volatile market environment. The world’s largest publicly traded hedge fund, which manages $142.3bn in assets, posted net client inflows of $100mn in the three months to June, a big slowdown from the $3.1bn in the first quarter.
Man Group posts weak investment inflows, but alts funds soften the blow
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