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Man Group assets rise 3 pct in 2016, profits by lower fees
Key points Fund under Management (FUM) up 3% to $80.9 billion (31 December 2015: $78.7 billion) Net inflows of $1.9 billion (2015: net inflows $0.3 billion) Quant alternative FUM increased by 20% due to strong net inflows Positive investment movement of $3.2 billion (2015: $2.4 billion) FX translation effects and…
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