Hedge Fund Man Group’s Assets at Record on Low-Cost Products

(Bloomberg) Investors are falling in love with hedge funds again, just at a lower cost. Man Group Plc, the world’s largest publicly traded hedge-fund firm, reported record assets under management on strong inflows and investment gains as the industry makes a comeback from years of mediocre performance. The London-based firm received net inflows of $8.2 billion in the first half as it won several large, low-margin mandates, according to a statement Tuesday.

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