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Laxman Pai, Opalesque Asia: Man Group, the world's largest publicly traded hedge fund manager, reported that its assets under management (AUM) rose to $172.6 billion in the first quarter of 2025 (ending 31 March), up from $168.6 billion in the previous quarter (three months ending 31 December 2024).
The British hedge fund manager recorded net inflows of $3.6 billion in the three months to 31 March, along with a $1.5 billion gain from other movements - including foreign exchange effects, distributions, and realizations across private market strategies.
These gains were partially offset by a negative investment performance of $1.1 billion, the firm said.
Man Group's discretionary long-only strategies showed notable growth and contributed significantly to the overall AUM increase.
However, performance was weaker in several of the firm's quant funds. The AHL Diversified fund, which employs trend-following algorithms to reduce correlation with broader markets, fell 8 percent in Q1 2025 and is down more than 18 percent over the past year.
The underperformance was concentrated in four key strategies: AHL Alpha, AHL Dimension, AHL Evolution, and AHL Diversified - all of which experienced significant declines over both the past three months and the past year.
In a quarterly trading update, the London-headquartered firm also revealed that its AUM dropped by $5.6 billion in the first two weeks of April, as heightened market volatility pressure...................... To view our full article Click here
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