Man Group Delays First Ny-Listed Hedge Fund Until Market Rallies ; in Brief

Summary


MAN Group has shelved plans to create the first listed hedge fund on the New York stock exchange in light of the current tough market conditions.

The British financial services group had planned to list its Man Dual Absolute Return Fund this autumn but it is now delaying that initial public offering until there are some signs of recovery.

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Man Group Delays First Ny-Listed Hedge Fund Until Market Rallies ; in Brief

Man Group is a giant ...

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