Funds flow the wrong way at Man Group

The speed at which money is being yanked from funds under management by Man Group picked up in the third quarter.

The speed at which money is being yanked from funds under management by Man Group picked up in the third quarter.

Funds under management at the end of September were 14% higher than three months earlier at $60bn, driven by the acquisition of FRM, which added $8.3bn to funds under management.

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