Strong Man Resilient As It Returns Over Pounds 1bn Profits ; Financial Services

Birmingham Post › May 30, 2008

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Summary

Hedge fund manager Man Group yesterday reported profits of over pounds 1 billion, driven by a strong fund performance despite wider financial market turmoil.

Man, the world's biggest listed hedge fund manager, said the better-than-expected profits were up 60 per cent on the previous year.

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Strong Man Resilient As It Returns Over Pounds 1bn Profits ; Financial Services

Chief executive of Man Group Peter Clarke said: "These results are a strong testament to the strength and resilience of Man's business model in our 225th anniversary ye...

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