Summary
A RAPID recovery in hedge fund performances in the past few months has seen a sharp fall in institutional investors withdrawing their money from Man Group.
In the three months to the end of June, institutions withdrew $3.6 billion (Pounds 2.2 billion) from London based hedge fund manager Man which was similar to the previous two quarters. But in the quarter just started, where institutions who wanted to redeem holdings got their cash on 1 July, withdrawals halved to $1.8 billion.See the full content of this document
Extract
Hedge Revival Slows Drain On Man Funds
While institutions hav...
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