Man non-exec builds holdings

Dugald Eadie, non-executive director at fund manager Man Group, has acquired nearly £100,000 worth of shares in the firm

Eadie bought 40,000 shares at a price of 241.75p per share, taking his stake to 360,000.

Yesterday, the fund manager reported a slight dip in assets under management in the first quarter as customers withdraw funds, but said it is well placed to grow market share.

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Funds under Management (FUM) at 30 June stood at $43.3bn compared with $44bn announced at end May (31 March: $46.8bn)

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