Man Group Assets Hit Record With Boost From Market Gains
- Hedge fund got $600 million of inflows in the quarter
- Assets increased to $135.3 billion at the end of June
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Man Group Plc funds swelled to a record in the second quarter boosted by performance gains and as investors poured in more money.
The world’s largest publicly traded hedge fund firm attracted $600 million in the three months through June, according to a statement Wednesday. That’s well behind analyst expectations but assets increased beyond forecasts because of $6 billion in performance gains.