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BUZZ-Man Group: rallies as trend following hedge fund scores a hit

Reuters - UK Focus

** Man Group (LSE: EMG.L - news) rises 4.3 pct on a 1.5 pct lower Stoxx 600, with traders pointing to data showing its flagship AHL hedge fund has rallied in recent days

** Guernsey domiciled fund up 6.5 pct WTD, according to Lipper data

** Stock was one of Europe's best performers in 2014 and Q1 2015, rising 150 pct, but was badly hit by unwinds in euro, commodities and government bond positions between April and July

** Second top riser on the Stoxx in decent volume (60 pct 30-day daily average in first two hours of trade)

(RM (LSE: RM.L - news) : alasdair.pal.thomsonreuters.com@reuters.net)