{"id":8718,"date":"2008-09-29T00:00:00","date_gmt":"2008-09-29T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"man-group-funds-hit-by-market-turbulence","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2008\/man-group-funds-hit-by-market-turbulence.html","title":{"rendered":"Man Group funds hit by market turbulence"},"content":{"rendered":"<p>Reuters UK &#8211; British listed hedge fund manager Man Group Plc said on Monday first-half sales rose by about 25 percent to $10 billion, but its shares fell as market turbulence hit its funds under management.<\/p>\n<p>Funds under management fell by $5.0 billion to about $70.3 billion &#8212; 12 percent down on the $79.5 billion at end-June &#8212; reflecting negative investment movement, Man said. Net inflows for the period rose 14 percent at $4.1 billion.<\/p>\n<div> Shares in the group, which have lost 32 of their value over the last month, were down a further 5.4 percent at 353.5 pence, valuing the group at about 6.35 billion pounds, at 0737 GMT.<\/div>\n<p><strong><br \/><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.guardian.co.uk\/business\/feedarticle\/7835965\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters UK &#8211; British listed hedge fund manager Man Group Plc said on Monday first-half sales rose by about 25 percent to $10 billion, but its shares fell as market turbulence hit its funds under management. Funds under management fell [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[310,2887,2338,461,117,2888,558],"class_list":["post-8718","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-100-million","tag-bank-stocks","tag-doubt","tag-home-loans","tag-investment-arm","tag-malfeasance","tag-new-homes"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8718","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8718"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8718\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}