Source - Alliance News
Man Group PLC on Thursday reported an increase in assets under management.
The FTSE 250-listed, London-based hedge fund manager said assets under management as at September 30 grew 6.3% to £161.2 billion from £151.7 billion at the end of June. This was boosted by a 35% increase in total return to £39.6 billion from £29.4 billion.
Man shares were 0.9% higher at 216.20 pence each on Thursday morning in London.
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