Man Group lifts assets to $75bn

Thursday 27 March 2008 at 16:51

UK-listed asset manager Man Group has increased its assets under management from $62bn (€39bn) a year ago to $75bn, reaffirming its status as the world's largest manager of hedge funds and funds of hedge funds.

Peter Clarke, Man Group's chief executive, said: "This is a very strong set of results, achieved through a period of significant market turmoil."