BUZZ-Man Group: top of Stoxx on AUM beat

** Man Group (LSE: EMG.L - news) +3.9%, highest level in a year, & top of Stoxx 600 after British hedge fund reports Q1 AUM +10% to $88.7 bln (vs Jefferies est $85.7 bln)

** Boosted by net inflows, positive market moves & flows related to a recent acquisition

** Liberum writes results point to "very strong" start to yr & likely to lead to consensus upgrades; sees FY 2017 AUM $90.8bln, net inflows of $4.5 bln

** Also marks switch up from disappointing results when last reported, bodes well for other active fund managers

** Peer Ashmore posted net inflows for first time in nearly 3 years earlier this week

** Second top riser on FTSE 250 and most actively traded stock on the index, with about 3/4 of 30-day daily avg volume through in an hour