Adjusted profits edge higher at Man Group

Adjusted profit before tax (PBT) rose to 278m dollars in the full year to December 31st from 262m dollars in the nine months to December 31st 2011 at Man Group.

Adjusted profit before tax (PBT) rose to 278m dollars in the full year to December 31st from 262m dollars in the nine months to December 31st 2011 at Man Group.

The FTSE 100-listed alternative asset manager reported that funds under management at the end of 2012 were $57bn compared to $58.4bn in the nine months to December 31st in the preceding year.

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