Hedge Fund's Pot Passes Pounds 31bn Mark

Daily MailJanuary 12, 2007

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Summary


HEDGE fund manager Man Group lifted total funds above Pounds 31bn in the December quarter, helped by strong sales and better performance at its flagship AHL fund. Man rose 11p to 523p, valuing it at Pounds 9.7bn.

Emerging markets fund manager Ashmore Group, floated at 170p in October, rose 13/4p to 2513/4p after lifting funds 33pc to Pounds 13.8bn in the half to December.

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Hedge Fund's Pot Passes Pounds 31bn Mark

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