Man Group Assets Hit New All-Time High on Inflows, Acquisition

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(Bloomberg) -- Man Group Plc reported assets reached a new high after clients poured more money into its funds and following its acquisition of private...

-- Man Group Plc reported assets reached a new high after clients poured more money into its funds and following its acquisition of private credit firm Varagon Capital Partners.The world’s largest publicly traded hedge fund firm said assets grew to $161.2 billion, up from $151.7 billion in the three months through September, according to a statement Thursday. Clients added $700 million into its funds, almost matching analyst forecasts.

The results are the first under Robyn Grew, who took over as chief executive officer at the beginning of September from Luke Ellis. She is the firm’s first female CEO in its history. Discover a world of exciting games, from heart-pumping action to brain-teasing puzzles. Get the latest versions of the top games in 2023.Trump fraud-trial fireworks: 'You lied yesterday!' defense lawyer shouts while grilling an AG witness

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