Advertisement
UK markets closed

  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     

  • FTSE 250

    20,645.38
    +114.08 (+0.56%)
     

  • AIM

    789.87
    +6.17 (+0.79%)
     

  • GBP/EUR

    1.1622
    +0.0011 (+0.09%)
     

  • GBP/USD

    1.2525
    +0.0001 (+0.01%)
     

  • Bitcoin GBP

    48,563.10
    -1,728.64 (-3.44%)
     

  • CMC Crypto 200

    1,257.20
    -100.81 (-7.43%)
     

  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     

  • DOW

    39,512.84
    +125.08 (+0.32%)
     

  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     

  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     

  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     

  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     

  • DAX

    18,772.85
    +86.25 (+0.46%)
     

  • CAC 40

    8,219.14
    +31.49 (+0.38%)
     
MONEY:

Best savings accounts that offer above inflation rates

How to earn the most interest on your savings

Hedge fund Man Group says assets up 3 pct on net inflows

Reuters - UK Focus

LONDON, April 12 (Reuters) - Man Group (LSE: EMG.L - news) , the world's largest listed hedge fund, said on Thursday that net inflows of $4.8 billion in the first quarter helped funds under management rise 3 percent in the first three months of 2018.

Total (LSE: 524773.L - news) assets under management hit $112.7 billion at the end of March, up from $109.1 billion at Dec (Shanghai: 600875.SS - news) . 31, said the British hedge fund in a statement.

"We continued to see client demand for our alternative risk premia strategies and saw flows returning to our European long short strategy, following a sustained period of improved performance," said Luke Ellis, chief executive officer of Man (Swiss: MAN.SW - news) Group. (Reporting by Maiya Keidan, editing by Sinead Cruise)