01.03.2024 Man Group profits drop 62% despite record assets under management
Laxman Pai, Opalesque Asia:

Man Group, the world's largest publicly listed hedge fund, Group suffered a double-digit drop in revenue and profit despite a jump in assets under management in its full-year results.

London-listed hedge fund's profit after tax came in at $234m for the year ended 31 December 2023, down 62% compared with $608m in 2022.

Assets under management at the wo

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