Wealth and Asset Management
Man Group Outflows Increase to $2.2 Billion on ‘Subdued’ Sales
Man Group Plc (EMG), the world’s biggest publicly traded hedge-fund manager, said outflows increased 57 percent in the third quarter amid an environment for sales that Chief Executive Officer Peter Clarke called “subdued.” Customers pulled a net $2.2 billion from the firm, up from $1.4 billion in the second quarter,…
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