UK regulated alternative investment managerMan saw net outflows of $2.2 billion in the third quarter of 2012, up from $1.4 billion in Q2. “Investor sentiment and consequently the outlook for flows, continues to be subdued,” said Peter Clarke, chief executive of Man.

As a result of its acquisition of FRM which added $8.3 billion in funds under management, Man saw overall growth in FUM of 14 per cent growth in Q3.  The firm reports that its financial position remains strong with around $500 million of surplus regulatory capital at 30 September 2012.