$138B investment manager Man Group to launch crypto hedge fund: Report

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The best time to launch a crypto hedge fund? Maybe right now.

London-based investment manager Man Group Plc is preparing to launch a cryptocurrency hedge fund, signaling continued investor appetite for digital assets in the wake of FTX’s monumental collapse earlier this month.on Nov. 18 that Man Group is preparing to launch its crypto-focused hedge fund through its computer-led trading unit AHL.

Citing private sources, Bloomberg disclosed that the new hedge fund could be ready by the end of the year.Man Group already has exposure to digital assets through AHL, which actively trades crypto futures. By the end of September, Man Group had $138.4 billion in assets under management, down slightly from $142.3 billion during the previous quarter.

 

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No, it's the worst time to buy crypto.. imo start with 2024. It's good starting for accumulation

Only for real men?

2024 will likely be a better time for crypto's. Right now it's uranium, hydrocarbons and physical sound money.

So many specials on coins rn. Of course it's a good time to DCA or to enter the space.

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