Man Group: World's largest publicly listed hedge fund's assets swell to new record
Man Group reported a near five per cent increase in its assets under management for the first quarter of 2024, compared to the last quarter.
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Man Group reported a near five per cent increase in its assets under management for the first quarter of 2024, compared to the last quarter.
Man Group has hit record assets under management of $175.7bn in the first quarter of 2024, despite suffering $1.6bn in net outflows.
Man Group announced a record assets under management (AUM) of $167.5 billion (31 December 2022: $143.3 billion). Net inflows of $3.0 billion for the year ended 31 December 2023, 4.9% ahead of the industry
Man Group, the world's largest publicly listed hedge fund, has hit a record in assets under management despite a sharp fall in annual profits on lower performance fees.
Man Group hit a fresh all-time high in assets under management in 2023, despite recording $300m outflows in the final three months of the year.