Man is the “most comprehensive” liquid alternatives manager

Man Group, the London-listed alternative investment provider, said it had gathered over $10bn (€7.1bn) in Ucits funds by the end of March this year.

Total funds under management at the end of March were $69.1bn, which compares to $39.4bn last year.

The company, releasing its results for the year ending March 31 today, announced a statutory profit before tax from continuing operations of $324m.

Peter Clarke, CEO, said: “Over the last year we have built Man into the industry’s most comprehensive provider of liquid alternative investment styles.”

©2011 funds europe

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