Alt Investments
The Man Juggernaut Keeps Rolling On
Client assets under management at London-listed Man Investments have increased by $1.4 billion to $45.8 billion, in the third quarter, accor...
Client assets under management at London-listed Man Investments have increased by $1.4 billion to $45.8 billion, in the third quarter, according to its latest trading statement. Private investors accounted for $27.3 billion of assets under management, a rise of $1.3 billion in the quarter. Sales in the last quarter were $2.1 billion of which Man IP 220 accounted for $900 million. Joint venture sales were $300 million. Overall redemptions were $1.4 billion, of which private investors accounted for $700 million. Performance added $600 million and currency translation and other technical adjustments added $100 million.
